YEARLY HIGH
0.7481 LKR
YEARLY LOW
0.4175 LKR
YEARLY AVERAGE
0.5958 LKR

2016 NGN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.7481. Conversely, the yearly low was recorded on August 22, dropping to 0.4175.

This high-to-low spread represents a total annual volatility of 0.3306 LKR. From a start-to-finish perspective, comparing the January average rate of 0.7235 to the December average rate of 0.4738, the exchange rate registered a net change of -34.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7481 was up 2.34% compared to the 2015 peak of 0.7310, 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 748,114 LKR
2015 Average 687,367 LKR
Yearly Trough Low 417,500 LKR
Transaction Impact: A difference of 330,614.46 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7642
0.4235
JanuMarcMayJulySeptNove

NGN to LKR 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 0.7193, compared to 0.4722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2471 points.

H1 Avg (Jan–Jun) 0.7193
H2 Avg (Jul–Dec) 0.4722

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.2278 LKR (High: 0.7458 / Low: 0.5180). On the other end, January was the most stable month, with a tight range of 0.0047 LKR (High: 0.7256 / Low: 0.7209).

June Spread (Volatile) ±0.2278
January Spread (Stable) ±0.0047

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 0.1696 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.7313) against the same month in 2015 (average: 0.6670), the exchange rate shifted by +0.0643 (+9.64%).

2016 Avg (March) 0.7313
2015 Avg (March) 0.6670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7256 0.7209 0.7235
February 0.7278 0.7221 0.7244
March 0.7481 0.7250 0.7313
April 0.7381 0.7262 0.7318
May 0.7425 0.7326 0.7358
June 0.7458 0.5180 0.6691
July 0.5193 0.4555 0.4995
August 0.4665 0.4175 0.4519
September 0.4712 0.4616 0.4657
October 0.4754 0.4659 0.4699
November 0.4759 0.4701 0.4725
December 0.4916 0.4693 0.4738