YEARLY HIGH
0.0051 CHF
YEARLY LOW
0.0028 CHF
YEARLY AVERAGE
0.0040 CHF

2016 NGN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.0051. Conversely, the yearly low was recorded on August 22, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0024 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0032, the exchange rate registered a net change of -35.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0051 was down 9.17% compared to the 2015 peak of 0.0057, 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 5,137 CHF
2015 Average 4,867 CHF
Yearly Trough Low 2,765 CHF
Transaction Impact: A difference of 2,372.56 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0053
0.0028
JanuMarcMayJulySeptNove

NGN to CHF 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 0.0049, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0016 CHF (High: 0.0050 / Low: 0.0034). On the other end, September was the most stable month, with a tight range of 0.0001 CHF (High: 0.0032 / Low: 0.0031).

June Spread (Volatile) ±0.0016
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0051) against the same month in 2015 (average: 0.0051), the exchange rate shifted by -0.0000 (-0.71%).

2016 Avg (January) 0.0051
2015 Avg (January) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0051 0.0050 0.0051
February 0.0051 0.0049 0.0050
March 0.0050 0.0048 0.0049
April 0.0049 0.0048 0.0048
May 0.0050 0.0048 0.0049
June 0.0050 0.0034 0.0044
July 0.0035 0.0030 0.0034
August 0.0032 0.0028 0.0030
September 0.0032 0.0031 0.0031
October 0.0032 0.0031 0.0032
November 0.0032 0.0031 0.0032
December 0.0033 0.0032 0.0032