YEARLY HIGH
0.3961 BDT
YEARLY LOW
0.2249 BDT
YEARLY AVERAGE
0.3205 BDT

2016 NGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.3961. Conversely, the yearly low was recorded on August 22, dropping to 0.2249.

This high-to-low spread represents a total annual volatility of 0.1711 BDT. From a start-to-finish perspective, comparing the January average rate of 0.3942 to the December average rate of 0.2519, the exchange rate registered a net change of -36.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3961 was down 8.54% compared to the 2015 peak of 0.4330, 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 396,072 BDT
2015 Average 393,734 BDT
Yearly Trough Low 224,927 BDT
Transaction Impact: A difference of 171,145.66 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4100
0.2282
JanuMarcMayJulySeptNove

NGN to BDT 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 0.3884, compared to 0.2527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1357 points.

H1 Avg (Jan–Jun) 0.3884
H2 Avg (Jul–Dec) 0.2527

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1191 BDT (High: 0.3961 / Low: 0.2770). On the other end, April was the most stable month, with a tight range of 0.0010 BDT (High: 0.3943 / Low: 0.3933).

June Spread (Volatile) ±0.1191
April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, 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 0.0909 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.3594) against the same month in 2015 (average: 0.3909), the exchange rate shifted by -0.0315 (-8.06%).

2016 Avg (June) 0.3594
2015 Avg (June) 0.3909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3953 0.3927 0.3942
February 0.3959 0.3939 0.3948
March 0.3944 0.3927 0.3937
April 0.3943 0.3933 0.3938
May 0.3951 0.3934 0.3944
June 0.3961 0.2770 0.3594
July 0.2781 0.2451 0.2685
August 0.2512 0.2249 0.2434
September 0.2523 0.2491 0.2505
October 0.2540 0.2486 0.2505
November 0.2528 0.2496 0.2513
December 0.2594 0.2492 0.2519