YEARLY HIGH
0.3455 BTN
YEARLY LOW
0.1928 BTN
YEARLY AVERAGE
0.2742 BTN

2016 NGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.3455. Conversely, the yearly low was recorded on August 22, dropping to 0.1928.

This high-to-low spread represents a total annual volatility of 0.1526 BTN. From a start-to-finish perspective, comparing the January average rate of 0.3379 to the December average rate of 0.2156, the exchange rate registered a net change of -36.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3455 was down 1.15% compared to the 2015 peak of 0.3495, 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 345,460 BTN
2015 Average 324,157 BTN
Yearly Trough Low 192,833 BTN
Transaction Impact: A difference of 152,626.36 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3565
0.1942
JanuMarcMayJulySeptNove

NGN to BTN 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 0.3325, compared to 0.2159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1166 points.

H1 Avg (Jan–Jun) 0.3325
H2 Avg (Jul–Dec) 0.2159

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1003 BTN (High: 0.3383 / Low: 0.2380). On the other end, April was the most stable month, with a tight range of 0.0024 BTN (High: 0.3350 / Low: 0.3327).

June Spread (Volatile) ±0.1003
April Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between October and December, 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 0.0776 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.3430) against the same month in 2015 (average: 0.3130), the exchange rate shifted by +0.0300 (+9.59%).

2016 Avg (February) 0.3430
2015 Avg (February) 0.3130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3426 0.3322 0.3379
February 0.3455 0.3401 0.3430
March 0.3416 0.3330 0.3365
April 0.3350 0.3327 0.3339
May 0.3396 0.3335 0.3361
June 0.3383 0.2380 0.3077
July 0.2392 0.2093 0.2301
August 0.2150 0.1928 0.2078
September 0.2151 0.2113 0.2133
October 0.2157 0.2117 0.2132
November 0.2185 0.2120 0.2154
December 0.2225 0.2136 0.2156