YEARLY HIGH
0.2310 DOP
YEARLY LOW
0.1323 DOP
YEARLY AVERAGE
0.1874 DOP

2016 NGN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.2310. Conversely, the yearly low was recorded on August 22, dropping to 0.1323.

This high-to-low spread represents a total annual volatility of 0.0987 DOP. From a start-to-finish perspective, comparing the January average rate of 0.2288 to the December average rate of 0.1477, the exchange rate registered a net change of -35.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2310 was down 6.38% compared to the 2015 peak of 0.2468, 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 231,026 DOP
2015 Average 227,352 DOP
Yearly Trough Low 132,347 DOP
Transaction Impact: A difference of 98,678.17 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2391
0.1340
JanuMarcMayJulySeptNove

NGN to DOP 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 0.2264, compared to 0.1484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0780 points.

H1 Avg (Jan–Jun) 0.2264
H2 Avg (Jul–Dec) 0.1484

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0688 DOP (High: 0.2310 / Low: 0.1623). On the other end, April was the most stable month, with a tight range of 0.0013 DOP (High: 0.2306 / Low: 0.2293).

June Spread (Volatile) ±0.0688
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and May, 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 0.0528 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.2102) against the same month in 2015 (average: 0.2256), the exchange rate shifted by -0.0154 (-6.84%).

2016 Avg (June) 0.2102
2015 Avg (June) 0.2256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2296 0.2281 0.2288
February 0.2302 0.2272 0.2293
March 0.2302 0.2288 0.2296
April 0.2306 0.2293 0.2302
May 0.2308 0.2295 0.2303
June 0.2310 0.1623 0.2102
July 0.1630 0.1437 0.1573
August 0.1478 0.1323 0.1428
September 0.1483 0.1463 0.1473
October 0.1498 0.1464 0.1475
November 0.1487 0.1468 0.1477
December 0.1527 0.1465 0.1477