YEARLY HIGH
29.8908 PYG
YEARLY LOW
15.8908 PYG
YEARLY AVERAGE
23.1981 PYG

2016 NGN to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 29.8908. Conversely, the yearly low was recorded on August 22, dropping to 15.8908.

This high-to-low spread represents a total annual volatility of 14.0000 PYG. From a start-to-finish perspective, comparing the January average rate of 29.6087 to the December average rate of 18.3933, the exchange rate registered a net change of -37.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 29.8908 was up 1.51% compared to the 2015 peak of 29.4464, 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 29,890,825 PYG
2015 Average 26,300,584 PYG
Yearly Trough Low 15,890,805 PYG
Transaction Impact: A difference of 14,000,020.50 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

30.8517
15.9362
JanuMarcMayJulySeptNove

NGN to PYG 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 28.2629, compared to 18.1332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.1297 points.

H1 Avg (Jan–Jun) 28.2629
H2 Avg (Jul–Dec) 18.1332

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 8.6621 PYG (High: 28.5940 / Low: 19.9320). On the other end, September was the most stable month, with a tight range of 0.2726 PYG (High: 17.9038 / Low: 17.6312).

June Spread (Volatile) ±8.6621
September Spread (Stable) ±0.2726

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 6.7460 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.7460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 29.6087) against the same month in 2015 (average: 25.5077), the exchange rate shifted by +4.1010 (+16.08%).

2016 Avg (January) 29.6087
2015 Avg (January) 25.5077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.8908 29.0642 29.6087
February 29.7688 28.7012 29.1475
March 28.8322 28.3719 28.6372
April 28.3990 27.7348 28.0296
May 28.5904 27.9210 28.2513
June 28.5940 19.9320 25.9031
July 19.9689 17.4125 19.1571
August 17.6739 15.8908 17.1791
September 17.9038 17.6312 17.7469
October 18.1948 17.6627 17.9415
November 18.5652 18.1979 18.3811
December 18.8467 18.1008 18.3933