2016 NGN to ETB Historical Review

YEARLY HIGH

0.1100 ETB

YEARLY LOW

0.0635 ETB

YEARLY AVERAGE

0.0888 ETB

2016 NGN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.1100. Conversely, the yearly low was recorded on August 22, dropping to 0.0635.

This high-to-low spread represents a total annual volatility of 0.0465 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1067 to the December average rate of 0.0711, the exchange rate registered a net change of -33.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1100 was down 2.16% compared to the 2015 peak of 0.1124, 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 109,952 ETB

2015 Average 104,573 ETB

Yearly Trough Low 63,481 ETB

Transaction Impact: A difference of 46,471.30 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1130

0.0644

JanuMarcMayJulySeptNove

NGN to ETB 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 0.1064, compared to 0.0712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 0.1064

H2 Avg (Jul–Dec) 0.0712

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0330 ETB (High: 0.1100 / Low: 0.0770). On the other end, February was the most stable month, with a tight range of 0.0006 ETB (High: 0.1075 / Low: 0.1069).

June Spread (Volatile) ±0.0330

February Spread (Stable) ±0.0006

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 0.0246 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0998) against the same month in 2015 (average: 0.1038), the exchange rate shifted by -0.0040 (-3.86%).

2016 Avg (June) 0.0998

2015 Avg (June) 0.1038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1071	0.1064	0.1067
February	0.1075	0.1069	0.1071
March	0.1081	0.1071	0.1075
April	0.1086	0.1080	0.1083
May	0.1099	0.1082	0.1089
June	0.1100	0.0770	0.0998
July	0.0778	0.0689	0.0752
August	0.0707	0.0635	0.0685
September	0.0711	0.0701	0.0706
October	0.0719	0.0703	0.0709
November	0.0717	0.0707	0.0711
December	0.0735	0.0705	0.0711