YEARLY HIGH
1.4668 HUF
YEARLY LOW
0.7882 HUF
YEARLY AVERAGE
1.1475 HUF

2016 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.4668. Conversely, the yearly low was recorded on August 22, dropping to 0.7882.

This high-to-low spread represents a total annual volatility of 0.6786 HUF. From a start-to-finish perspective, comparing the January average rate of 1.4531 to the December average rate of 0.9405, the exchange rate registered a net change of -35.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4668 was down 1.67% compared to the 2015 peak of 1.4917, 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 1,466,799 HUF
2015 Average 1,411,829 HUF
Yearly Trough Low 788,207 HUF
Transaction Impact: A difference of 678,591.72 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5125
0.7998
JanuMarcMayJulySeptNove

NGN to HUF 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 1.3861, compared to 0.9089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4772 points.

H1 Avg (Jan–Jun) 1.3861
H2 Avg (Jul–Dec) 0.9089

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.4375 HUF (High: 1.4105 / Low: 0.9730). On the other end, April was the most stable month, with a tight range of 0.0202 HUF (High: 1.3894 / Low: 1.3691).

June Spread (Volatile) ±0.4375
April Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

Between August and December, 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 0.3029 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.4531) against the same month in 2015 (average: 1.4608), the exchange rate shifted by -0.0077 (-0.53%).

2016 Avg (January) 1.4531
2015 Avg (January) 1.4608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4668 1.4373 1.4531
February 1.4363 1.3826 1.4039
March 1.4358 1.3813 1.4042
April 1.3894 1.3691 1.3808
May 1.4209 1.3580 1.3987
June 1.4105 0.9730 1.2758
July 1.0119 0.8718 0.9728
August 0.8890 0.7882 0.8592
September 0.8928 0.8697 0.8796
October 0.9050 0.8719 0.8891
November 0.9392 0.8769 0.9122
December 0.9623 0.9249 0.9405