YEARLY HIGH
0.0846 LSL
YEARLY LOW
0.0390 LSL
YEARLY AVERAGE
0.0607 LSL

2016 NGN to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0846. Conversely, the yearly low was recorded on August 22, dropping to 0.0390.

This high-to-low spread represents a total annual volatility of 0.0457 LSL. From a start-to-finish perspective, comparing the January average rate of 0.0818 to the December average rate of 0.0441, the exchange rate registered a net change of -46.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0846 was up 5.89% compared to the 2015 peak of 0.0799, 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 84,640 LSL
2015 Average 64,553 LSL
Yearly Trough Low 38,967 LSL
Transaction Impact: A difference of 45,672.90 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0857
0.0389
JanuMarcMayJulySeptNove

NGN to LSL 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 0.0763, compared to 0.0450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 0.0763
H2 Avg (Jul–Dec) 0.0450

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0276 LSL (High: 0.0786 / Low: 0.0509). On the other end, December was the most stable month, with a tight range of 0.0020 LSL (High: 0.0450 / Low: 0.0430).

June Spread (Volatile) ±0.0276
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0198 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0818) against the same month in 2015 (average: 0.0622), the exchange rate shifted by +0.0196 (+31.46%).

2016 Avg (January) 0.0818
2015 Avg (January) 0.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0846 0.0775 0.0818
February 0.0812 0.0765 0.0794
March 0.0794 0.0745 0.0772
April 0.0765 0.0715 0.0734
May 0.0793 0.0714 0.0769
June 0.0786 0.0509 0.0691
July 0.0523 0.0435 0.0493
August 0.0466 0.0390 0.0428
September 0.0467 0.0433 0.0450
October 0.0458 0.0432 0.0445
November 0.0462 0.0424 0.0446
December 0.0450 0.0430 0.0441