YEARLY HIGH
0.0389 GTQ
YEARLY LOW
0.0216 GTQ
YEARLY AVERAGE
0.0311 GTQ

2016 NGN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0389. Conversely, the yearly low was recorded on August 22, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0173 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0238, the exchange rate registered a net change of -37.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0389 was down 7.98% compared to the 2015 peak of 0.0423, 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 38,922 GTQ
2015 Average 38,708 GTQ
Yearly Trough Low 21,624 GTQ
Transaction Impact: A difference of 17,298.34 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0404
0.0219
JanuMarcMayJulySeptNove

NGN to GTQ 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 0.0380, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.0380
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0115 GTQ (High: 0.0385 / Low: 0.0270). On the other end, February was the most stable month, with a tight range of 0.0002 GTQ (High: 0.0386 / Low: 0.0384).

June Spread (Volatile) ±0.0115
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0388) against the same month in 2015 (average: 0.0382), the exchange rate shifted by +0.0006 (+1.46%).

2016 Avg (March) 0.0388
2015 Avg (March) 0.0382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0386 0.0383 0.0384
February 0.0386 0.0384 0.0385
March 0.0389 0.0385 0.0388
April 0.0389 0.0387 0.0388
May 0.0389 0.0383 0.0385
June 0.0385 0.0270 0.0350
July 0.0271 0.0236 0.0261
August 0.0242 0.0216 0.0234
September 0.0243 0.0239 0.0241
October 0.0243 0.0238 0.0240
November 0.0242 0.0238 0.0239
December 0.0246 0.0235 0.0238