YEARLY HIGH
70.1458 IDR
YEARLY LOW
37.9252 IDR
YEARLY AVERAGE
54.4081 IDR

2016 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 70.1458. Conversely, the yearly low was recorded on August 22, dropping to 37.9252.

This high-to-low spread represents a total annual volatility of 32.2206 IDR. From a start-to-finish perspective, comparing the January average rate of 69.6687 to the December average rate of 42.6035, the exchange rate registered a net change of -38.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 70.1458 was down 5.05% compared to the 2015 peak of 73.8759, 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 70,145,834 IDR
2015 Average 67,678,763 IDR
Yearly Trough Low 37,925,192 IDR
Transaction Impact: A difference of 32,220,642.81 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

72.5514
37.9596
JanuMarcMayJulySeptNove

NGN to IDR 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 66.4258, compared to 42.3903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.0355 points.

H1 Avg (Jan–Jun) 66.4258
H2 Avg (Jul–Dec) 42.3903

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 21.8850 IDR (High: 68.5637 / Low: 46.6786). On the other end, April was the most stable month, with a tight range of 0.5580 IDR (High: 66.4359 / Low: 65.8779).

June Spread (Volatile) ±21.8850
April Spread (Stable) ±0.5580

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 16.2399 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.2399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 69.6687) against the same month in 2015 (average: 67.6116), the exchange rate shifted by +2.0571 (+3.04%).

2016 Avg (January) 69.6687
2015 Avg (January) 67.6116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 70.1458 68.9642 69.6687
February 69.1430 67.1475 67.9432
March 67.0274 65.5228 66.1718
April 66.4359 65.8779 66.1699
May 68.5202 65.9488 67.4481
June 68.5637 46.6786 61.1533
July 46.6801 40.9461 44.9134
August 42.5409 37.9252 40.8422
September 42.6145 41.4157 41.9271
October 42.0788 41.2574 41.6129
November 43.1471 41.5486 42.4428
December 44.0489 42.1509 42.6035