2016 NGN to MGA Historical Review

YEARLY HIGH

16.4931 MGA

YEARLY LOW

8.7289 MGA

YEARLY AVERAGE

12.9921 MGA

2016 NGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 16.4931. Conversely, the yearly low was recorded on August 22, dropping to 8.7289.

This high-to-low spread represents a total annual volatility of 7.7642 MGA. From a start-to-finish perspective, comparing the January average rate of 16.1290 to the December average rate of 10.5917, the exchange rate registered a net change of -34.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.4931 was down 3.72% compared to the 2015 peak of 17.1307, 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 16,493,099 MGA

2015 Average 15,669,683 MGA

Yearly Trough Low 8,728,927 MGA

Transaction Impact: A difference of 7,764,171.63 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.8047

8.6969

JanuMarcMayJulySeptNove

NGN to MGA 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 15.8599, compared to 10.1243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7356 points.

H1 Avg (Jan–Jun) 15.8599

H2 Avg (Jul–Dec) 10.1243

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 4.9877 MGA (High: 16.4931 / Low: 11.5054). On the other end, January was the most stable month, with a tight range of 0.1255 MGA (High: 16.1887 / Low: 16.0632).

June Spread (Volatile) ±4.9877

January Spread (Stable) ±0.1255

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 4.3883 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.3883

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 14.9394) against the same month in 2015 (average: 15.9876), the exchange rate shifted by -1.0483 (-6.56%).

2016 Avg (June) 14.9394

2015 Avg (June) 15.9876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.1887	16.0632	16.1290
February	16.1348	15.8143	16.0113
March	16.3162	15.9808	16.1138
April	16.0601	15.9204	15.9947
May	16.3508	15.7669	15.9711
June	16.4931	11.5054	14.9394
July	11.4146	9.1786	10.5511
August	9.7395	8.7289	9.3725
September	9.9397	9.6288	9.7435
October	10.2719	9.9062	10.1540
November	10.5982	10.0962	10.3332
December	11.0278	10.4185	10.5917