2016 NGN to INR Historical Review

YEARLY HIGH

0.3457 INR

YEARLY LOW

0.1931 INR

YEARLY AVERAGE

0.2742 INR

2016 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.3457. Conversely, the yearly low was recorded on August 22, dropping to 0.1931.

This high-to-low spread represents a total annual volatility of 0.1527 INR. From a start-to-finish perspective, comparing the January average rate of 0.3380 to the December average rate of 0.2154, the exchange rate registered a net change of -36.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3457 was down 0.97% compared to the 2015 peak of 0.3491, 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 345,713 INR

2015 Average 324,186 INR

Yearly Trough Low 193,059 INR

Transaction Impact: A difference of 152,653.88 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3566

0.1943

JanuMarcMayJulySeptNove

NGN to INR 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 0.3325, compared to 0.2159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1166 points.

H1 Avg (Jan–Jun) 0.3325

H2 Avg (Jul–Dec) 0.2159

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1006 INR (High: 0.3386 / Low: 0.2379). On the other end, April was the most stable month, with a tight range of 0.0029 INR (High: 0.3350 / Low: 0.3321).

June Spread (Volatile) ±0.1006

April Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0777 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.3431) against the same month in 2015 (average: 0.3130), the exchange rate shifted by +0.0301 (+9.62%).

2016 Avg (February) 0.3431

2015 Avg (February) 0.3130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3423	0.3322	0.3380
February	0.3457	0.3398	0.3431
March	0.3405	0.3330	0.3363
April	0.3350	0.3321	0.3339
May	0.3397	0.3336	0.3363
June	0.3386	0.2379	0.3076
July	0.2391	0.2088	0.2300
August	0.2148	0.1931	0.2078
September	0.2147	0.2115	0.2133
October	0.2157	0.2117	0.2132
November	0.2183	0.2115	0.2157
December	0.2223	0.2135	0.2154