2016 NGN to ILS Historical Review

YEARLY HIGH

0.0200 ILS

YEARLY LOW

0.0108 ILS

YEARLY AVERAGE

0.0157 ILS

2016 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0200. Conversely, the yearly low was recorded on August 22, dropping to 0.0108.

This high-to-low spread represents a total annual volatility of 0.0092 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0122, the exchange rate registered a net change of -38.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0200 was down 9.08% compared to the 2015 peak of 0.0220, 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 20,003 ILS

2015 Average 19,647 ILS

Yearly Trough Low 10,848 ILS

Transaction Impact: A difference of 9,155.50 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0206

0.0110

JanuMarcMayJulySeptNove

NGN to ILS 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 0.0191, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0191

H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0059 ILS (High: 0.0195 / Low: 0.0135). On the other end, September was the most stable month, with a tight range of 0.0002 ILS (High: 0.0121 / Low: 0.0119).

June Spread (Volatile) ±0.0059

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0198) against the same month in 2015 (average: 0.0212), the exchange rate shifted by -0.0014 (-6.55%).

2016 Avg (January) 0.0198

2015 Avg (January) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0195	0.0198
February	0.0199	0.0195	0.0196
March	0.0197	0.0189	0.0194
April	0.0191	0.0188	0.0189
May	0.0195	0.0188	0.0192
June	0.0195	0.0135	0.0177
July	0.0138	0.0119	0.0132
August	0.0121	0.0108	0.0118
September	0.0121	0.0119	0.0120
October	0.0123	0.0120	0.0122
November	0.0124	0.0121	0.0122
December	0.0126	0.0121	0.0122