2016 NGN to IRR Historical Review

YEARLY HIGH

152.7258 IRR

YEARLY LOW

86.3922 IRR

YEARLY AVERAGE

123.0989 IRR

2016 NGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 152.7258. Conversely, the yearly low was recorded on August 22, dropping to 86.3922.

This high-to-low spread represents a total annual volatility of 66.3335 IRR. From a start-to-finish perspective, comparing the January average rate of 150.6992 to the December average rate of 95.5261, the exchange rate registered a net change of -36.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 152.7258 was up 0.61% compared to the 2015 peak of 151.7956, 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 152,725,764 IRR

2015 Average 146,344,234 IRR

Yearly Trough Low 86,392,241 IRR

Transaction Impact: A difference of 66,333,522.98 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

157.9466

87.4719

JanuMarcMayJulySeptNove

NGN to IRR 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 149.5087, compared to 96.6892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 52.8195 points.

H1 Avg (Jan–Jun) 149.5087

H2 Avg (Jul–Dec) 96.6892

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 46.0010 IRR (High: 152.7258 / Low: 106.7248). On the other end, April was the most stable month, with a tight range of 0.3149 IRR (High: 152.0953 / Low: 151.7804).

June Spread (Volatile) ±46.0010

April Spread (Stable) ±0.3149

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 35.5862 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -35.5862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 138.8052) against the same month in 2015 (average: 146.0688), the exchange rate shifted by -7.2636 (-4.97%).

2016 Avg (June) 138.8052

2015 Avg (June) 146.0688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	150.9447	150.1161	150.6992
February	151.9785	150.6963	151.6558
March	152.3617	151.5646	151.9073
April	152.0953	151.7804	151.9110
May	152.3184	151.9019	152.0737
June	152.7258	106.7248	138.8052
July	107.8102	93.9961	103.2189
August	96.4717	86.3922	93.3448
September	96.7893	95.4687	96.0977
October	97.3601	95.2576	96.0909
November	96.6736	95.2371	95.8568
December	98.3647	94.8706	95.5261