YEARLY HIGH
0.0208 PLN
YEARLY LOW
0.0109 PLN
YEARLY AVERAGE
0.0161 PLN

2016 NGN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0208. Conversely, the yearly low was recorded on August 22, dropping to 0.0109.

This high-to-low spread represents a total annual volatility of 0.0098 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0204 to the December average rate of 0.0134, the exchange rate registered a net change of -34.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0208 was up 2.32% compared to the 2015 peak of 0.0203, 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 20,756 PLN
2015 Average 19,059 PLN
Yearly Trough Low 10,942 PLN
Transaction Impact: A difference of 9,813.31 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0212
0.0111
JanuMarcMayJulySeptNove

NGN to PLN 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 0.0194, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0194
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0063 PLN (High: 0.0198 / Low: 0.0135). On the other end, September was the most stable month, with a tight range of 0.0004 PLN (High: 0.0126 / Low: 0.0122).

June Spread (Volatile) ±0.0063
September Spread (Stable) ±0.0004

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 0.0043 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0204) against the same month in 2015 (average: 0.0198), the exchange rate shifted by +0.0006 (+3.02%).

2016 Avg (January) 0.0204
2015 Avg (January) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0197 0.0204
February 0.0203 0.0196 0.0199
March 0.0200 0.0188 0.0194
April 0.0196 0.0187 0.0191
May 0.0199 0.0191 0.0196
June 0.0198 0.0135 0.0179
July 0.0142 0.0122 0.0136
August 0.0125 0.0109 0.0119
September 0.0126 0.0122 0.0123
October 0.0127 0.0122 0.0125
November 0.0134 0.0124 0.0130
December 0.0137 0.0131 0.0134