YEARLY HIGH
0.0587 BWP
YEARLY LOW
0.0299 BWP
YEARLY AVERAGE
0.0447 BWP

2016 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0587. Conversely, the yearly low was recorded on August 22, dropping to 0.0299.

This high-to-low spread represents a total annual volatility of 0.0288 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0579 to the December average rate of 0.0341, the exchange rate registered a net change of -41.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0587 was up 3.19% compared to the 2015 peak of 0.0569, 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 58,742 BWP
2015 Average 51,209 BWP
Yearly Trough Low 29,940 BWP
Transaction Impact: A difference of 28,802.44 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0604
0.0301
JanuMarcMayJulySeptNove

NGN to BWP 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 0.0551, compared to 0.0343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.0551
H2 Avg (Jul–Dec) 0.0343

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0185 BWP (High: 0.0563 / Low: 0.0379). On the other end, October was the most stable month, with a tight range of 0.0012 BWP (High: 0.0346 / Low: 0.0334).

June Spread (Volatile) ±0.0185
October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 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 3 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0579) against the same month in 2015 (average: 0.0516), the exchange rate shifted by +0.0063 (+12.24%).

2016 Avg (January) 0.0579
2015 Avg (January) 0.0516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0587 0.0566 0.0579
February 0.0575 0.0556 0.0567
March 0.0573 0.0546 0.0560
April 0.0554 0.0532 0.0543
May 0.0565 0.0533 0.0553
June 0.0563 0.0379 0.0503
July 0.0387 0.0333 0.0369
August 0.0346 0.0299 0.0326
September 0.0347 0.0333 0.0340
October 0.0346 0.0334 0.0340
November 0.0350 0.0332 0.0341
December 0.0351 0.0335 0.0341