2016 NGN to CNY Historical Review

YEARLY HIGH

0.0332 CNY

YEARLY LOW

0.0191 CNY

YEARLY AVERAGE

0.0270 CNY

2016 NGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0332. Conversely, the yearly low was recorded on August 22, dropping to 0.0191.

This high-to-low spread represents a total annual volatility of 0.0140 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0220, the exchange rate registered a net change of -33.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0332 was down 3.77% compared to the 2015 peak of 0.0344, 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 33,152 CNY

2015 Average 31,709 CNY

Yearly Trough Low 19,108 CNY

Transaction Impact: A difference of 14,043.88 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0342

0.0194

JanuMarcMayJulySeptNove

NGN to CNY 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 0.0323, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.0323

H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0099 CNY (High: 0.0331 / Low: 0.0232). On the other end, April was the most stable month, with a tight range of 0.0002 CNY (High: 0.0327 / Low: 0.0324).

June Spread (Volatile) ±0.0099

April Spread (Stable) ±0.0002

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 0.0073 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0329) against the same month in 2015 (average: 0.0314), the exchange rate shifted by +0.0015 (+4.69%).

2016 Avg (February) 0.0329

2015 Avg (February) 0.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0331	0.0326	0.0330
February	0.0332	0.0327	0.0329
March	0.0329	0.0324	0.0327
April	0.0327	0.0324	0.0325
May	0.0331	0.0325	0.0328
June	0.0331	0.0232	0.0301
July	0.0237	0.0207	0.0229
August	0.0214	0.0191	0.0206
September	0.0215	0.0212	0.0213
October	0.0216	0.0212	0.0215
November	0.0220	0.0215	0.0218
December	0.0227	0.0218	0.0220