YEARLY HIGH
0.5529 NPR
YEARLY LOW
0.3083 NPR
YEARLY AVERAGE
0.4386 NPR

2016 NGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.5529. Conversely, the yearly low was recorded on August 22, dropping to 0.3083.

This high-to-low spread represents a total annual volatility of 0.2446 NPR. From a start-to-finish perspective, comparing the January average rate of 0.5407 to the December average rate of 0.3448, the exchange rate registered a net change of -36.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5529 was down 1.69% compared to the 2015 peak of 0.5624, 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 552,921 NPR
2015 Average 518,771 NPR
Yearly Trough Low 308,322 NPR
Transaction Impact: A difference of 244,599.02 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5703
0.3106
JanuMarcMayJulySeptNove

NGN to NPR 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 0.5320, compared to 0.3453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1867 points.

H1 Avg (Jan–Jun) 0.5320
H2 Avg (Jul–Dec) 0.3453

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1607 NPR (High: 0.5418 / Low: 0.3811). On the other end, April was the most stable month, with a tight range of 0.0035 NPR (High: 0.5357 / Low: 0.5322).

June Spread (Volatile) ±0.1607
April Spread (Stable) ±0.0035

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 0.1243 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.5486) against the same month in 2015 (average: 0.5008), the exchange rate shifted by +0.0478 (+9.54%).

2016 Avg (February) 0.5486
2015 Avg (February) 0.5008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5479 0.5320 0.5407
February 0.5529 0.5438 0.5486
March 0.5467 0.5333 0.5382
April 0.5357 0.5322 0.5343
May 0.5434 0.5330 0.5376
June 0.5418 0.3811 0.4924
July 0.3823 0.3350 0.3681
August 0.3435 0.3083 0.3323
September 0.3438 0.3387 0.3412
October 0.3456 0.3385 0.3409
November 0.3489 0.3395 0.3445
December 0.3561 0.3417 0.3448