2016 NGN to MRO Historical Review

YEARLY HIGH

1.7928 MRO

YEARLY LOW

1.0186 MRO

YEARLY AVERAGE

1.4276 MRO

2016 NGN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 1.7928. Conversely, the yearly low was recorded on August 22, dropping to 1.0186.

This high-to-low spread represents a total annual volatility of 0.7742 MRO. From a start-to-finish perspective, comparing the January average rate of 1.6809 to the December average rate of 1.1375, the exchange rate registered a net change of -32.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.7928 was up 4.86% compared to the 2015 peak of 1.7097, 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 1,792,808 MRO

2015 Average 1,563,554 MRO

Yearly Trough Low 1,018,611 MRO

Transaction Impact: A difference of 774,196.88 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.8334

1.0368

JanuMarcMayJulySeptNove

NGN to MRO 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 1.7098, compared to 1.1454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5644 points.

H1 Avg (Jan–Jun) 1.7098

H2 Avg (Jul–Dec) 1.1454

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.5348 MRO (High: 1.7928 / Low: 1.2580). On the other end, September was the most stable month, with a tight range of 0.0145 MRO (High: 1.1440 / Low: 1.1295).

June Spread (Volatile) ±0.5348

September Spread (Stable) ±0.0145

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 0.4129 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.6286) against the same month in 2015 (average: 1.6098), the exchange rate shifted by +0.0188 (+1.17%).

2016 Avg (June) 1.6286

2015 Avg (June) 1.6098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7313	1.5510	1.6809
February	1.7290	1.6552	1.7182
March	1.7444	1.7184	1.7275
April	1.7484	1.7189	1.7365
May	1.7891	1.7224	1.7670
June	1.7928	1.2580	1.6286
July	1.2612	1.1085	1.2157
August	1.1401	1.0186	1.1032
September	1.1440	1.1295	1.1370
October	1.1518	1.1317	1.1392
November	1.1474	1.1319	1.1396
December	1.1770	1.1291	1.1375