2016 NGN to EUR Historical Review

YEARLY HIGH

0.0047 EUR

YEARLY LOW

0.0025 EUR

YEARLY AVERAGE

0.0037 EUR

2016 NGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0047. Conversely, the yearly low was recorded on August 22, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0021 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0030, the exchange rate registered a net change of -34.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0047 was down 2.22% compared to the 2015 peak of 0.0048, 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 4,670 EUR

2015 Average 4,556 EUR

Yearly Trough Low 2,539 EUR

Transaction Impact: A difference of 2,131.35 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0048

0.0026

JanuMarcMayJulySeptNove

NGN to EUR 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 0.0044, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0044

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0014 EUR (High: 0.0045 / Low: 0.0031). On the other end, September was the most stable month, with a tight range of 0.0001 EUR (High: 0.0029 / Low: 0.0028).

June Spread (Volatile) ±0.0014

September Spread (Stable) ±0.0001

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 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0046) against the same month in 2015 (average: 0.0046), the exchange rate shifted by -0.0000 (-0.13%).

2016 Avg (January) 0.0046

2015 Avg (January) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0047	0.0046	0.0046
February	0.0046	0.0044	0.0045
March	0.0046	0.0044	0.0045
April	0.0045	0.0044	0.0044
May	0.0045	0.0044	0.0044
June	0.0045	0.0031	0.0041
July	0.0032	0.0028	0.0031
August	0.0029	0.0025	0.0028
September	0.0029	0.0028	0.0029
October	0.0029	0.0028	0.0029
November	0.0030	0.0029	0.0030
December	0.0031	0.0029	0.0030