2016 NGN to GNF Historical Review

YEARLY HIGH

39.3130 GNF

YEARLY LOW

25.9152 GNF

YEARLY AVERAGE

33.4602 GNF

2016 NGN to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 39.3130. Conversely, the yearly low was recorded on August 22, dropping to 25.9152.

This high-to-low spread represents a total annual volatility of 13.3978 GNF. From a start-to-finish perspective, comparing the January average rate of 38.8571 to the December average rate of 29.4743, the exchange rate registered a net change of -24.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 39.3130 was down 1.87% compared to the 2015 peak of 40.0624, 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 39,313,047 GNF

2015 Average 37,152,996 GNF

Yearly Trough Low 25,915,230 GNF

Transaction Impact: A difference of 13,397,817.02 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

39.9350

27.0006

JanuMarcMayJulySeptNove

NGN to GNF 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 37.6980, compared to 29.2225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.4756 points.

H1 Avg (Jan–Jun) 37.6980

H2 Avg (Jul–Dec) 29.2225

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 7.1978 GNF (High: 36.9990 / Low: 29.8012). On the other end, April was the most stable month, with a tight range of 0.3533 GNF (High: 38.1815 / Low: 37.8282).

June Spread (Volatile) ±7.1978

April Spread (Stable) ±0.3533

Growth Streaks & Declines

Trends

Between October and December, 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 4.4467 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.4467

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 38.8571) against the same month in 2015 (average: 37.9896), the exchange rate shifted by +0.8675 (+2.28%).

2016 Avg (January) 38.8571

2015 Avg (January) 37.9896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.3130	38.5233	38.8571
February	39.1087	38.3274	38.6980
March	38.4668	38.0750	38.2757
April	38.1815	37.8282	38.0994
May	37.9927	36.7138	37.1643
June	36.9990	29.8012	35.0937
July	31.9300	27.7280	30.6470
August	29.0500	25.9152	28.0785
September	29.2389	28.6197	29.0296
October	29.3390	28.7021	29.0284
November	29.4145	28.7386	29.0769
December	30.9252	28.9914	29.4743