2016 NGN to MVR Historical Review

YEARLY HIGH

0.0773 MVR

YEARLY LOW

0.0436 MVR

YEARLY AVERAGE

0.0623 MVR

2016 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0773. Conversely, the yearly low was recorded on August 22, dropping to 0.0436.

This high-to-low spread represents a total annual volatility of 0.0337 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0769 to the December average rate of 0.0487, the exchange rate registered a net change of -36.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0773 was down 8.92% compared to the 2015 peak of 0.0849, 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 77,304 MVR

2015 Average 77,299 MVR

Yearly Trough Low 43,592 MVR

Transaction Impact: A difference of 33,711.83 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0799

0.0442

JanuMarcMayJulySeptNove

NGN to MVR 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 0.0756, compared to 0.0490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.0756

H2 Avg (Jul–Dec) 0.0490

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0238 MVR (High: 0.0771 / Low: 0.0533). On the other end, May was the most stable month, with a tight range of 0.0006 MVR (High: 0.0771 / Low: 0.0765).

June Spread (Volatile) ±0.0238

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0179 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0769) against the same month in 2015 (average: 0.0770), the exchange rate shifted by -0.0001 (-0.17%).

2016 Avg (February) 0.0769

2015 Avg (February) 0.0770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0771	0.0765	0.0769
February	0.0773	0.0761	0.0769
March	0.0771	0.0763	0.0767
April	0.0771	0.0756	0.0766
May	0.0771	0.0765	0.0768
June	0.0771	0.0533	0.0699
July	0.0540	0.0475	0.0520
August	0.0489	0.0436	0.0471
September	0.0491	0.0484	0.0488
October	0.0494	0.0482	0.0488
November	0.0491	0.0483	0.0487
December	0.0504	0.0481	0.0487