YEARLY HIGH
0.5157 KES
YEARLY LOW
0.2913 KES
YEARLY AVERAGE
0.4143 KES

2016 NGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5157. Conversely, the yearly low was recorded on August 22, dropping to 0.2913.

This high-to-low spread represents a total annual volatility of 0.2245 KES. From a start-to-finish perspective, comparing the January average rate of 0.5141 to the December average rate of 0.3245, the exchange rate registered a net change of -36.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5157 was down 3.33% compared to the 2015 peak of 0.5335, 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 515,713 KES
2015 Average 496,460 KES
Yearly Trough Low 291,262 KES
Transaction Impact: A difference of 224,451.52 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5341
0.2948
JanuMarcMayJulySeptNove

NGN to KES 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 0.5024, compared to 0.3263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1761 points.

H1 Avg (Jan–Jun) 0.5024
H2 Avg (Jul–Dec) 0.3263

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1523 KES (High: 0.5096 / Low: 0.3573). On the other end, April was the most stable month, with a tight range of 0.0027 KES (High: 0.5103 / Low: 0.5076).

June Spread (Volatile) ±0.1523
April Spread (Stable) ±0.0027

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 0.1160 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.5125) against the same month in 2015 (average: 0.4615), the exchange rate shifted by +0.0509 (+11.03%).

2016 Avg (February) 0.5125
2015 Avg (February) 0.4615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5153 0.5119 0.5141
February 0.5157 0.5109 0.5125
March 0.5112 0.5082 0.5099
April 0.5103 0.5076 0.5087
May 0.5081 0.5045 0.5061
June 0.5096 0.3573 0.4629
July 0.3589 0.3168 0.3469
August 0.3247 0.2913 0.3148
September 0.3258 0.3211 0.3235
October 0.3279 0.3212 0.3238
November 0.3267 0.3226 0.3243
December 0.3350 0.3223 0.3245