2016 NGN to JPY Historical Review

YEARLY HIGH

0.6082 JPY

YEARLY LOW

0.2883 JPY

YEARLY AVERAGE

0.4468 JPY

2016 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.6082. Conversely, the yearly low was recorded on August 22, dropping to 0.2883.

This high-to-low spread represents a total annual volatility of 0.3200 JPY. From a start-to-finish perspective, comparing the January average rate of 0.5951 to the December average rate of 0.3686, the exchange rate registered a net change of -38.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6082 was down 8.52% compared to the 2015 peak of 0.6649, 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 608,244 JPY

2015 Average 611,919 JPY

Yearly Trough Low 288,276 JPY

Transaction Impact: A difference of 319,968.60 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6232

0.2865

JanuMarcMayJulySeptNove

NGN to JPY 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 0.5534, compared to 0.3403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2131 points.

H1 Avg (Jan–Jun) 0.5534

H2 Avg (Jul–Dec) 0.3403

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1894 JPY (High: 0.5518 / Low: 0.3623). On the other end, October was the most stable month, with a tight range of 0.0111 JPY (High: 0.3347 / Low: 0.3236).

June Spread (Volatile) ±0.1894

October Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between August and December, 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 0.1279 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.5760) against the same month in 2015 (average: 0.5991), the exchange rate shifted by -0.0231 (-3.85%).

2016 Avg (February) 0.5760

2015 Avg (February) 0.5991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6079	0.5874	0.5951
February	0.6082	0.5640	0.5760
March	0.5741	0.5599	0.5679
April	0.5618	0.5354	0.5508
May	0.5569	0.5345	0.5469
June	0.5518	0.3623	0.4834
July	0.3703	0.3199	0.3555
August	0.3307	0.2883	0.3145
September	0.3338	0.3211	0.3259
October	0.3347	0.3236	0.3313
November	0.3634	0.3282	0.3458
December	0.3825	0.3592	0.3686