2016 NGN to ALL Historical Review

YEARLY HIGH

0.6431 ALL

YEARLY LOW

0.3469 ALL

YEARLY AVERAGE

0.5065 ALL

2016 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.6431. Conversely, the yearly low was recorded on August 22, dropping to 0.3469.

This high-to-low spread represents a total annual volatility of 0.2962 ALL. From a start-to-finish perspective, comparing the January average rate of 0.6384 to the December average rate of 0.4074, the exchange rate registered a net change of -36.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6431 was down 3.69% compared to the 2015 peak of 0.6678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 643,113 ALL

2015 Average 636,420 ALL

Yearly Trough Low 346,934 ALL

Transaction Impact: A difference of 296,178.84 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6644

0.3526

JanuMarcMayJulySeptNove

NGN to ALL 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 0.6134, compared to 0.3995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2138 points.

H1 Avg (Jan–Jun) 0.6134

H2 Avg (Jul–Dec) 0.3995

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1933 ALL (High: 0.6222 / Low: 0.4289). On the other end, September was the most stable month, with a tight range of 0.0075 ALL (High: 0.3953 / Low: 0.3878).

June Spread (Volatile) ±0.1933

September Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1394 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.6384) against the same month in 2015 (average: 0.6471), the exchange rate shifted by -0.0087 (-1.35%).

2016 Avg (January) 0.6384

2015 Avg (January) 0.6471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6431	0.6322	0.6384
February	0.6386	0.6175	0.6268
March	0.6372	0.6144	0.6242
April	0.6203	0.6091	0.6144
May	0.6233	0.6045	0.6146
June	0.6222	0.4289	0.5619
July	0.4387	0.3843	0.4224
August	0.3951	0.3469	0.3786
September	0.3953	0.3878	0.3911
October	0.3991	0.3891	0.3960
November	0.4091	0.3910	0.4017
December	0.4197	0.4011	0.4074