YEARLY HIGH
0.5285 PKR
YEARLY LOW
0.3011 PKR
YEARLY AVERAGE
0.4274 PKR

2016 NGN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 0.5285. Conversely, the yearly low was recorded on August 22, dropping to 0.3011.

This high-to-low spread represents a total annual volatility of 0.2274 PKR. From a start-to-finish perspective, comparing the January average rate of 0.5270 to the December average rate of 0.3328, the exchange rate registered a net change of -36.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5285 was down 5.65% compared to the 2015 peak of 0.5601, 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 528,456 PKR
2015 Average 519,391 PKR
Yearly Trough Low 301,059 PKR
Transaction Impact: A difference of 227,397.23 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5471
0.3048
JanuMarcMayJulySeptNove

NGN to PKR 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 0.5183, compared to 0.3365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1818 points.

H1 Avg (Jan–Jun) 0.5183
H2 Avg (Jul–Dec) 0.3365

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1562 PKR (High: 0.5264 / Low: 0.3702). On the other end, April was the most stable month, with a tight range of 0.0012 PKR (High: 0.5268 / Low: 0.5257).

June Spread (Volatile) ±0.1562
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1198 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.5262) against the same month in 2015 (average: 0.5120), the exchange rate shifted by +0.0141 (+2.76%).

2016 Avg (May) 0.5262
2015 Avg (May) 0.5120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5275 0.5261 0.5270
February 0.5275 0.5243 0.5259
March 0.5270 0.5253 0.5261
April 0.5268 0.5257 0.5262
May 0.5285 0.5256 0.5262
June 0.5264 0.3702 0.4787
July 0.3714 0.3277 0.3589
August 0.3357 0.3011 0.3250
September 0.3368 0.3312 0.3340
October 0.3389 0.3320 0.3344
November 0.3371 0.3319 0.3341
December 0.3425 0.3303 0.3328