YEARLY HIGH
25.6641 NGN
YEARLY LOW
11.8247 NGN
YEARLY AVERAGE
17.7483 NGN

2016 NAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 25.6641. Conversely, the yearly low was recorded on January 18, dropping to 11.8247.

This high-to-low spread represents a total annual volatility of 13.8394 NGN. From a start-to-finish perspective, comparing the January average rate of 12.2415 to the December average rate of 22.7032, the exchange rate registered a net change of 85.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 25.6641 was up 46.02% compared to the 2015 peak of 17.5761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 128,320 NGN
2015 Average 77,929 NGN
Yearly Trough Low 59,123 NGN
Transaction Impact: A difference of 69,196.99 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

24.5732
11.1204
JanuMarcMayJulySeptNove

NAD to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 13.2197, compared to 22.2768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0571 points.

H1 Avg (Jan–Jun) 13.2197
H2 Avg (Jul–Dec) 22.2768

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 6.9046 NGN (High: 19.6315 / Low: 12.7269). On the other end, February was the most stable month, with a tight range of 0.7148 NGN (High: 13.0501 / Low: 12.3353).

June Spread (Volatile) ±6.9046
February Spread (Stable) ±0.7148

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.1973 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 23.4521) against the same month in 2015 (average: 15.4354), the exchange rate shifted by +8.0168 (+51.94%).

2016 Avg (August) 23.4521
2015 Avg (August) 15.4354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.8663 11.8247 12.2415
February 13.0501 12.3353 12.5997
March 13.4350 12.5754 12.9505
April 13.9909 13.0659 13.6257
May 14.0128 12.6109 13.0186
June 19.6315 12.7269 14.8824
July 22.9221 19.0973 20.3399
August 25.6641 21.3723 23.4521
September 23.0871 21.3221 22.2549
October 23.0922 21.8573 22.4648
November 23.5510 21.6236 22.4459
December 23.2747 22.2427 22.7032