YEARLY HIGH
0.0032 LVL
YEARLY LOW
0.0018 LVL
YEARLY AVERAGE
0.0026 LVL

2016 NGN to LVL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to LVL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0032. Conversely, the yearly low was recorded on August 22, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0014 LVL. From a start-to-finish perspective, comparing the January average rate of 0.0032 to the December average rate of 0.0021, the exchange rate registered a net change of -33.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0032 was down 3.89% compared to the 2015 peak of 0.0034, 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 3,222 LVL
2015 Average 3,192 LVL
Yearly Trough Low 1,784 LVL
Transaction Impact: A difference of 1,438.74 LVL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0033
0.0018
JanuMarcMayJulySeptNove

NGN to LVL 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 0.0031, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0010 LVL (High: 0.0032 / Low: 0.0022). On the other end, September was the most stable month, with a tight range of 0.0000 LVL (High: 0.0020 / Low: 0.0020).

June Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0000

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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0032) against the same month in 2015 (average: 0.0032), the exchange rate shifted by -0.0000 (-1.42%).

2016 Avg (January) 0.0032
2015 Avg (January) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0032 0.0032
February 0.0032 0.0031 0.0032
March 0.0032 0.0031 0.0032
April 0.0031 0.0031 0.0031
May 0.0032 0.0031 0.0031
June 0.0032 0.0022 0.0029
July 0.0022 0.0020 0.0022
August 0.0020 0.0018 0.0019
September 0.0020 0.0020 0.0020
October 0.0020 0.0020 0.0020
November 0.0021 0.0020 0.0021
December 0.0022 0.0021 0.0021