2016 NGN to BOB Historical Review

YEARLY HIGH

0.0348 BOB

YEARLY LOW

0.0199 BOB

YEARLY AVERAGE

0.0281 BOB

2016 NGN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0348. Conversely, the yearly low was recorded on August 22, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0149 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0220, the exchange rate registered a net change of -36.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0348 was down 9.47% compared to the 2015 peak of 0.0384, 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 34,777 BOB

2015 Average 34,911 BOB

Yearly Trough Low 19,855 BOB

Transaction Impact: A difference of 14,922.00 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0360

0.0202

JanuMarcMayJulySeptNove

NGN to BOB 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 0.0341, compared to 0.0222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.0341

H2 Avg (Jul–Dec) 0.0222

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0103 BOB (High: 0.0347 / Low: 0.0244). On the other end, January was the most stable month, with a tight range of 0.0001 BOB (High: 0.0347 / Low: 0.0347).

June Spread (Volatile) ±0.0103

January Spread (Stable) ±0.0001

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 0.0079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0346) against the same month in 2015 (average: 0.0349), the exchange rate shifted by -0.0002 (-0.62%).

2016 Avg (February) 0.0346

2015 Avg (February) 0.0349

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0347	0.0347	0.0347
February	0.0348	0.0345	0.0346
March	0.0345	0.0343	0.0344
April	0.0348	0.0343	0.0345
May	0.0348	0.0346	0.0346
June	0.0347	0.0244	0.0315
July	0.0245	0.0216	0.0236
August	0.0222	0.0199	0.0215
September	0.0223	0.0220	0.0221
October	0.0224	0.0219	0.0221
November	0.0223	0.0219	0.0220
December	0.0227	0.0218	0.0220