2016 NGN to DJF Historical Review

YEARLY HIGH

0.8962 DJF

YEARLY LOW

0.5098 DJF

YEARLY AVERAGE

0.7253 DJF

2016 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.8962. Conversely, the yearly low was recorded on August 22, dropping to 0.5098.

This high-to-low spread represents a total annual volatility of 0.3863 DJF. From a start-to-finish perspective, comparing the January average rate of 0.8925 to the December average rate of 0.5669, the exchange rate registered a net change of -36.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8962 was down 9.22% compared to the 2015 peak of 0.9872, 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 896,156 DJF

2015 Average 898,022 DJF

Yearly Trough Low 509,842 DJF

Transaction Impact: A difference of 386,314.38 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9272

0.5163

JanuMarcMayJulySeptNove

NGN to DJF 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 0.8794, compared to 0.5711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3084 points.

H1 Avg (Jan–Jun) 0.8794

H2 Avg (Jul–Dec) 0.5711

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2689 DJF (High: 0.8960 / Low: 0.6271). On the other end, April was the most stable month, with a tight range of 0.0026 DJF (High: 0.8936 / Low: 0.8910).

June Spread (Volatile) ±0.2689

April Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2063 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.8930) against the same month in 2015 (average: 0.8910), the exchange rate shifted by +0.0020 (+0.22%).

2016 Avg (March) 0.8930

2015 Avg (March) 0.8910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8937	0.8889	0.8925
February	0.8954	0.8889	0.8929
March	0.8962	0.8910	0.8930
April	0.8936	0.8910	0.8927
May	0.8941	0.8909	0.8921
June	0.8960	0.6271	0.8135
July	0.6295	0.5538	0.6072
August	0.5692	0.5098	0.5506
September	0.5707	0.5622	0.5669
October	0.5745	0.5616	0.5677
November	0.5717	0.5641	0.5673
December	0.5840	0.5638	0.5669