2016 NGN to CVE Historical Review

YEARLY HIGH

0.5149 CVE

YEARLY LOW

0.2799 CVE

YEARLY AVERAGE

0.4060 CVE

2016 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5149. Conversely, the yearly low was recorded on August 22, dropping to 0.2799.

This high-to-low spread represents a total annual volatility of 0.2350 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5098 to the December average rate of 0.3323, the exchange rate registered a net change of -34.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5149 was down 1.74% compared to the 2015 peak of 0.5240, 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 514,938 CVE

2015 Average 501,921 CVE

Yearly Trough Low 279,950 CVE

Transaction Impact: A difference of 234,988.16 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5302

0.2850

JanuMarcMayJulySeptNove

NGN to CVE 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 0.4891, compared to 0.3230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1661 points.

H1 Avg (Jan–Jun) 0.4891

H2 Avg (Jul–Dec) 0.3230

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1521 CVE (High: 0.4965 / Low: 0.3444). On the other end, September was the most stable month, with a tight range of 0.0056 CVE (High: 0.3171 / Low: 0.3115).

June Spread (Volatile) ±0.1521

September Spread (Stable) ±0.0056

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 0.1080 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5098) against the same month in 2015 (average: 0.5087), the exchange rate shifted by +0.0010 (+0.20%).

2016 Avg (January) 0.5098

2015 Avg (January) 0.5087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5149	0.5065	0.5098
February	0.5097	0.4909	0.4996
March	0.5103	0.4896	0.4986
April	0.4932	0.4848	0.4888
May	0.4970	0.4809	0.4890
June	0.4965	0.3444	0.4490
July	0.3534	0.3093	0.3410
August	0.3169	0.2799	0.3054
September	0.3171	0.3115	0.3143
October	0.3233	0.3123	0.3192
November	0.3317	0.3160	0.3256
December	0.3410	0.3254	0.3323