YEARLY HIGH
0.3164 HTG
YEARLY LOW
0.1840 HTG
YEARLY AVERAGE
0.2556 HTG

2016 NGN to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.3164. Conversely, the yearly low was recorded on August 22, dropping to 0.1840.

This high-to-low spread represents a total annual volatility of 0.1324 HTG. From a start-to-finish perspective, comparing the January average rate of 0.2914 to the December average rate of 0.2115, the exchange rate registered a net change of -27.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3164 was up 10.66% compared to the 2015 peak of 0.2859, 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 316,402 HTG
2015 Average 256,749 HTG
Yearly Trough Low 183,996 HTG
Transaction Impact: A difference of 132,405.65 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3244
0.1875
JanuMarcMayJulySeptNove

NGN to HTG 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 0.3030, compared to 0.2081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0949 points.

H1 Avg (Jan–Jun) 0.3030
H2 Avg (Jul–Dec) 0.2081

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0943 HTG (High: 0.3164 / Low: 0.2221). On the other end, May was the most stable month, with a tight range of 0.0026 HTG (High: 0.3145 / Low: 0.3119).

June Spread (Volatile) ±0.0943
May Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0705 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.2871) against the same month in 2015 (average: 0.2413), the exchange rate shifted by +0.0458 (+19.00%).

2016 Avg (June) 0.2871
2015 Avg (June) 0.2413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2988 0.2849 0.2914
February 0.3092 0.2988 0.3033
March 0.3125 0.3085 0.3109
April 0.3136 0.3106 0.3122
May 0.3145 0.3119 0.3130
June 0.3164 0.2221 0.2871
July 0.2236 0.1983 0.2166
August 0.2077 0.1840 0.1990
September 0.2098 0.2048 0.2075
October 0.2107 0.2052 0.2075
November 0.2096 0.2035 0.2067
December 0.2198 0.2075 0.2115