2016 NGN to CAD Historical Review

YEARLY HIGH

0.0073 CAD

YEARLY LOW

0.0037 CAD

YEARLY AVERAGE

0.0054 CAD

2016 NGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0073. Conversely, the yearly low was recorded on August 22, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0036 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0042, the exchange rate registered a net change of -40.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0073 was up 4.42% compared to the 2015 peak of 0.0070, 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 7,328 CAD

2015 Average 6,462 CAD

Yearly Trough Low 3,715 CAD

Transaction Impact: A difference of 3,612.68 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0074

0.0037

JanuMarcMayJulySeptNove

NGN to CAD 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 0.0066, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0066

H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0021 CAD (High: 0.0066 / Low: 0.0045). On the other end, November was the most stable month, with a tight range of 0.0001 CAD (High: 0.0043 / Low: 0.0042).

June Spread (Volatile) ±0.0021

November Spread (Stable) ±0.0001

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0071) against the same month in 2015 (average: 0.0065), the exchange rate shifted by +0.0006 (+9.67%).

2016 Avg (January) 0.0071

2015 Avg (January) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0073	0.0069	0.0071
February	0.0071	0.0068	0.0069
March	0.0068	0.0065	0.0066
April	0.0066	0.0063	0.0064
May	0.0066	0.0063	0.0065
June	0.0066	0.0045	0.0059
July	0.0046	0.0041	0.0045
August	0.0042	0.0037	0.0040
September	0.0042	0.0041	0.0042
October	0.0043	0.0042	0.0042
November	0.0043	0.0042	0.0043
December	0.0044	0.0042	0.0042