YEARLY HIGH
0.0090 ANG
YEARLY LOW
0.0051 ANG
YEARLY AVERAGE
0.0073 ANG

2016 NGN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0090. Conversely, the yearly low was recorded on August 22, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0039 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0056, the exchange rate registered a net change of -37.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0090 was down 9.27% compared to the 2015 peak of 0.0099, 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 9,024 ANG
2015 Average 9,041 ANG
Yearly Trough Low 5,104 ANG
Transaction Impact: A difference of 3,919.80 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0093
0.0052
JanuMarcMayJulySeptNove

NGN to ANG 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 0.0089, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0027 ANG (High: 0.0090 / Low: 0.0063). On the other end, May was the most stable month, with a tight range of 0.0000 ANG (High: 0.0090 / Low: 0.0090).

June Spread (Volatile) ±0.0027
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0090) against the same month in 2015 (average: 0.0090), the exchange rate shifted by +0.0000 (+0.24%).

2016 Avg (March) 0.0090
2015 Avg (March) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0090 0.0090
February 0.0090 0.0090 0.0090
March 0.0090 0.0090 0.0090
April 0.0090 0.0090 0.0090
May 0.0090 0.0090 0.0090
June 0.0090 0.0063 0.0082
July 0.0063 0.0056 0.0061
August 0.0057 0.0051 0.0055
September 0.0057 0.0056 0.0057
October 0.0058 0.0056 0.0057
November 0.0057 0.0056 0.0057
December 0.0058 0.0056 0.0056