2016 NGN to GBP Historical Review

YEARLY HIGH

0.0036 GBP

YEARLY LOW

0.0022 GBP

YEARLY AVERAGE

0.0030 GBP

2016 NGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0036. Conversely, the yearly low was recorded on August 22, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0014 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0025, the exchange rate registered a net change of -26.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0036 was down 1.65% compared to the 2015 peak of 0.0037, 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 3,624 GBP

2015 Average 3,309 GBP

Yearly Trough Low 2,188 GBP

Transaction Impact: A difference of 1,436.46 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0036

0.0023

JanuMarcMayJulySeptNove

NGN to GBP 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 0.0035, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0012 GBP (High: 0.0036 / Low: 0.0024). On the other end, May was the most stable month, with a tight range of 0.0001 GBP (High: 0.0035 / Low: 0.0034).

June Spread (Volatile) ±0.0012

May Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0035) against the same month in 2015 (average: 0.0033), the exchange rate shifted by +0.0002 (+6.73%).

2016 Avg (February) 0.0035

2015 Avg (February) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0034	0.0035
February	0.0036	0.0034	0.0035
March	0.0036	0.0035	0.0035
April	0.0036	0.0034	0.0035
May	0.0035	0.0034	0.0035
June	0.0036	0.0024	0.0032
July	0.0027	0.0024	0.0026
August	0.0025	0.0022	0.0024
September	0.0025	0.0024	0.0024
October	0.0026	0.0025	0.0026
November	0.0026	0.0025	0.0026
December	0.0027	0.0025	0.0025