2016 NGN to KMF Historical Review

YEARLY HIGH

2.2957 KMF

YEARLY LOW

1.2736 KMF

YEARLY AVERAGE

1.8074 KMF

2016 NGN to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.2957. Conversely, the yearly low was recorded on August 22, dropping to 1.2736.

This high-to-low spread represents a total annual volatility of 1.0221 KMF. From a start-to-finish perspective, comparing the January average rate of 2.2687 to the December average rate of 1.4833, the exchange rate registered a net change of -34.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.2957 was down 2.35% compared to the 2015 peak of 2.3510, 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 2,295,719 KMF

2015 Average 2,241,995 KMF

Yearly Trough Low 1,273,635 KMF

Transaction Impact: A difference of 1,022,083.52 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3578

1.2882

JanuMarcMayJulySeptNove

NGN to KMF 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 2.1772, compared to 1.4376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7395 points.

H1 Avg (Jan–Jun) 2.1772

H2 Avg (Jul–Dec) 1.4376

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.6730 KMF (High: 2.1925 / Low: 1.5196). On the other end, April was the most stable month, with a tight range of 0.0308 KMF (High: 2.2014 / Low: 2.1706).

June Spread (Volatile) ±0.6730

April Spread (Stable) ±0.0308

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 0.4857 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.2687) against the same month in 2015 (average: 2.2746), the exchange rate shifted by -0.0059 (-0.26%).

2016 Avg (January) 2.2687

2015 Avg (January) 2.2746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2957	2.2275	2.2687
February	2.2732	2.1903	2.2286
March	2.2747	2.1959	2.2237
April	2.2014	2.1706	2.1806
May	2.2253	2.1515	2.1778
June	2.1925	1.5196	1.9836
July	1.5520	1.3757	1.4979
August	1.4220	1.2736	1.3773
September	1.4237	1.3927	1.4040
October	1.4325	1.3975	1.4160
November	1.4789	1.4101	1.4472
December	1.5232	1.4606	1.4833