2016 NGN to GMD Historical Review

YEARLY HIGH

0.2153 GMD

YEARLY LOW

0.1225 GMD

YEARLY AVERAGE

0.1707 GMD

2016 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.2153. Conversely, the yearly low was recorded on August 22, dropping to 0.1225.

This high-to-low spread represents a total annual volatility of 0.0928 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1984 to the December average rate of 0.1360, the exchange rate registered a net change of -31.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2153 was down 10.71% compared to the 2015 peak of 0.2412, 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 215,350 GMD

2015 Average 208,330 GMD

Yearly Trough Low 122,519 GMD

Transaction Impact: A difference of 92,830.52 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2230

0.1242

JanuMarcMayJulySeptNove

NGN to GMD 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 0.2042, compared to 0.1372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0670 points.

H1 Avg (Jan–Jun) 0.2042

H2 Avg (Jul–Dec) 0.1372

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0640 GMD (High: 0.2153 / Low: 0.1513). On the other end, May was the most stable month, with a tight range of 0.0014 GMD (High: 0.2153 / Low: 0.2139).

June Spread (Volatile) ±0.0640

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and May, 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 0.0491 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.2041) against the same month in 2015 (average: 0.2157), the exchange rate shifted by -0.0115 (-5.34%).

2016 Avg (March) 0.2041

2015 Avg (March) 0.2157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1991	0.1971	0.1984
February	0.1990	0.1969	0.1984
March	0.2153	0.1967	0.2041
April	0.2153	0.2130	0.2143
May	0.2153	0.2139	0.2148
June	0.2153	0.1513	0.1953
July	0.1515	0.1331	0.1462
August	0.1365	0.1225	0.1324
September	0.1374	0.1351	0.1361
October	0.1380	0.1354	0.1363
November	0.1374	0.1349	0.1361
December	0.1396	0.1343	0.1360