2016 NGN to ARS Historical Review

YEARLY HIGH

0.0793 ARS

YEARLY LOW

0.0427 ARS

YEARLY AVERAGE

0.0598 ARS

2016 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 0.0793. Conversely, the yearly low was recorded on August 22, dropping to 0.0427.

This high-to-low spread represents a total annual volatility of 0.0366 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0681 to the December average rate of 0.0503, the exchange rate registered a net change of -26.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0793 was up 18.69% compared to the 2015 peak of 0.0668, 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 79,310 ARS

2015 Average 46,807 ARS

Yearly Trough Low 42,716 ARS

Transaction Impact: A difference of 36,594.36 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0778

0.0432

JanuMarcMayJulySeptNove

NGN to ARS 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 0.0708, compared to 0.0488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.0708

H2 Avg (Jul–Dec) 0.0488

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0205 ARS (High: 0.0702 / Low: 0.0497). On the other end, October was the most stable month, with a tight range of 0.0011 ARS (High: 0.0492 / Low: 0.0481).

June Spread (Volatile) ±0.0205

October Spread (Stable) ±0.0011

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 0.0134 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0743) against the same month in 2015 (average: 0.0438), the exchange rate shifted by +0.0305 (+69.76%).

2016 Avg (February) 0.0743

2015 Avg (February) 0.0438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0699	0.0650	0.0681
February	0.0793	0.0707	0.0743
March	0.0790	0.0726	0.0749
April	0.0743	0.0706	0.0723
May	0.0718	0.0699	0.0709
June	0.0702	0.0497	0.0644
July	0.0533	0.0469	0.0510
August	0.0480	0.0427	0.0461
September	0.0492	0.0476	0.0482
October	0.0492	0.0481	0.0485
November	0.0502	0.0478	0.0489
December	0.0519	0.0488	0.0503