2016 NGN to HKD Historical Review

YEARLY HIGH

0.0393 HKD

YEARLY LOW

0.0223 HKD

YEARLY AVERAGE

0.0317 HKD

2016 NGN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.0393. Conversely, the yearly low was recorded on August 22, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0170 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0391 to the December average rate of 0.0246, the exchange rate registered a net change of -36.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0393 was down 8.81% compared to the 2015 peak of 0.0431, 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 39,305 HKD

2015 Average 39,194 HKD

Yearly Trough Low 22,280 HKD

Transaction Impact: A difference of 17,025.18 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0406

0.0226

JanuMarcMayJulySeptNove

NGN to HKD 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 0.0385, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.0385

H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0117 HKD (High: 0.0391 / Low: 0.0274). On the other end, April was the most stable month, with a tight range of 0.0001 HKD (High: 0.0390 / Low: 0.0389).

June Spread (Volatile) ±0.0117

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 0.0090 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0391) against the same month in 2015 (average: 0.0417), the exchange rate shifted by -0.0026 (-6.28%).

2016 Avg (January) 0.0391

2015 Avg (January) 0.0417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0393	0.0389	0.0391
February	0.0393	0.0389	0.0391
March	0.0391	0.0389	0.0390
April	0.0390	0.0389	0.0390
May	0.0390	0.0390	0.0390
June	0.0391	0.0274	0.0355
July	0.0275	0.0242	0.0266
August	0.0249	0.0223	0.0241
September	0.0250	0.0246	0.0248
October	0.0251	0.0246	0.0248
November	0.0249	0.0246	0.0247
December	0.0254	0.0245	0.0246