2016 NGN to NZD Historical Review

YEARLY HIGH

0.0079 NZD

YEARLY LOW

0.0039 NZD

YEARLY AVERAGE

0.0059 NZD

2016 NGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0079. Conversely, the yearly low was recorded on August 22, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0039 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0045, the exchange rate registered a net change of -41.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0079 was down 2.11% compared to the 2015 peak of 0.0080, 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 7,859 NZD

2015 Average 7,249 NZD

Yearly Trough Low 3,947 NZD

Transaction Impact: A difference of 3,912.54 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0080

0.0040

JanuMarcMayJulySeptNove

NGN to NZD 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 0.0073, compared to 0.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0073

H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0025 NZD (High: 0.0074 / Low: 0.0049). On the other end, September was the most stable month, with a tight range of 0.0001 NZD (High: 0.0044 / Low: 0.0043).

June Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0001

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 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0077) against the same month in 2015 (average: 0.0070), the exchange rate shifted by +0.0006 (+8.95%).

2016 Avg (January) 0.0077

2015 Avg (January) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0079	0.0073	0.0077
February	0.0077	0.0075	0.0076
March	0.0076	0.0073	0.0074
April	0.0074	0.0071	0.0073
May	0.0075	0.0071	0.0074
June	0.0074	0.0049	0.0065
July	0.0050	0.0043	0.0048
August	0.0044	0.0039	0.0043
September	0.0044	0.0043	0.0044
October	0.0045	0.0044	0.0045
November	0.0046	0.0043	0.0045
December	0.0047	0.0044	0.0045