2016 NGN to JMD Historical Review

YEARLY HIGH

0.6313 JMD

YEARLY LOW

0.3643 JMD

YEARLY AVERAGE

0.5081 JMD

2016 NGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.6313. Conversely, the yearly low was recorded on August 22, dropping to 0.3643.

This high-to-low spread represents a total annual volatility of 0.2670 JMD. From a start-to-finish perspective, comparing the January average rate of 0.6051 to the December average rate of 0.4094, the exchange rate registered a net change of -32.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6313 was down 0.77% compared to the 2015 peak of 0.6362, 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 631,299 JMD

2015 Average 590,403 JMD

Yearly Trough Low 364,290 JMD

Transaction Impact: A difference of 267,009.24 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6441

0.3707

JanuMarcMayJulySeptNove

NGN to JMD 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 0.6054, compared to 0.4108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1947 points.

H1 Avg (Jan–Jun) 0.6054

H2 Avg (Jul–Dec) 0.4108

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1871 JMD (High: 0.6313 / Low: 0.4442). On the other end, February was the most stable month, with a tight range of 0.0033 JMD (High: 0.6111 / Low: 0.6078).

June Spread (Volatile) ±0.1871

February Spread (Stable) ±0.0033

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 0.1402 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.5733) against the same month in 2015 (average: 0.5820), the exchange rate shifted by -0.0086 (-1.49%).

2016 Avg (June) 0.5733

2015 Avg (June) 0.5820

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6085	0.6027	0.6051
February	0.6111	0.6078	0.6092
March	0.6126	0.6092	0.6107
April	0.6177	0.6105	0.6128
May	0.6270	0.6158	0.6213
June	0.6313	0.4442	0.5733
July	0.4490	0.3959	0.4331
August	0.4077	0.3643	0.3935
September	0.4102	0.4036	0.4070
October	0.4148	0.4058	0.4099
November	0.4157	0.4084	0.4116
December	0.4228	0.4054	0.4094