2016 NGN to MXN Historical Review

YEARLY HIGH

0.0959 MXN

YEARLY LOW

0.0526 MXN

YEARLY AVERAGE

0.0757 MXN

2016 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.0959. Conversely, the yearly low was recorded on August 22, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0433 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0906 to the December average rate of 0.0652, the exchange rate registered a net change of -28.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0959 was up 9.80% compared to the 2015 peak of 0.0873, 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 95,867 MXN

2015 Average 80,220 MXN

Yearly Trough Low 52,556 MXN

Transaction Impact: A difference of 43,310.21 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0963

0.0539

JanuMarcMayJulySeptNove

NGN to MXN 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 0.0894, compared to 0.0620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.0894

H2 Avg (Jul–Dec) 0.0620

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0308 MXN (High: 0.0952 / Low: 0.0644). On the other end, April was the most stable month, with a tight range of 0.0033 MXN (High: 0.0896 / Low: 0.0863).

June Spread (Volatile) ±0.0308

April Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between October and December, 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 0.0218 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0928) against the same month in 2015 (average: 0.0753), the exchange rate shifted by +0.0175 (+23.26%).

2016 Avg (February) 0.0928

2015 Avg (February) 0.0753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0938	0.0864	0.0906
February	0.0959	0.0909	0.0928
March	0.0902	0.0868	0.0886
April	0.0896	0.0863	0.0879
May	0.0929	0.0864	0.0911
June	0.0952	0.0644	0.0854
July	0.0667	0.0587	0.0636
August	0.0602	0.0526	0.0574
September	0.0636	0.0590	0.0613
October	0.0625	0.0588	0.0605
November	0.0665	0.0585	0.0640
December	0.0678	0.0642	0.0652