YEARLY HIGH
0.5553 DZD
YEARLY LOW
0.3127 DZD
YEARLY AVERAGE
0.4458 DZD

2016 NGN to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.5553. Conversely, the yearly low was recorded on August 22, dropping to 0.3127.

This high-to-low spread represents a total annual volatility of 0.2425 DZD. From a start-to-finish perspective, comparing the January average rate of 0.5394 to the December average rate of 0.3519, the exchange rate registered a net change of -34.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5553 was up 1.99% compared to the 2015 peak of 0.5444, 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 555,262 DZD
2015 Average 507,037 DZD
Yearly Trough Low 312,723 DZD
Transaction Impact: A difference of 242,539.03 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5725
0.3184
JanuMarcMayJulySeptNove

NGN to DZD 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 0.5378, compared to 0.3538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1840 points.

H1 Avg (Jan–Jun) 0.5378
H2 Avg (Jul–Dec) 0.3538

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1674 DZD (High: 0.5550 / Low: 0.3876). On the other end, January was the most stable month, with a tight range of 0.0035 DZD (High: 0.5412 / Low: 0.5376).

June Spread (Volatile) ±0.1674
January Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1257 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.5505) against the same month in 2015 (average: 0.4838), the exchange rate shifted by +0.0667 (+13.79%).

2016 Avg (March) 0.5505
2015 Avg (March) 0.4838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5412 0.5376 0.5394
February 0.5460 0.5300 0.5357
March 0.5553 0.5454 0.5505
April 0.5498 0.5423 0.5461
May 0.5550 0.5462 0.5513
June 0.5550 0.3876 0.5039
July 0.3922 0.3444 0.3782
August 0.3510 0.3127 0.3396
September 0.3519 0.3457 0.3489
October 0.3555 0.3484 0.3517
November 0.3553 0.3491 0.3524
December 0.3610 0.3495 0.3519