YEARLY HIGH
0.0211 RON
YEARLY LOW
0.0113 RON
YEARLY AVERAGE
0.0165 RON

2016 NGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0211. Conversely, the yearly low was recorded on August 22, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0098 RON. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0136, the exchange rate registered a net change of -35.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0211 was down 0.56% compared to the 2015 peak of 0.0212, 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 21,084 RON
2015 Average 20,251 RON
Yearly Trough Low 11,313 RON
Transaction Impact: A difference of 9,770.67 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0218
0.0115
JanuMarcMayJulySeptNove

NGN to RON 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 0.0199, compared to 0.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0199
H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0063 RON (High: 0.0204 / Low: 0.0140). On the other end, September was the most stable month, with a tight range of 0.0003 RON (High: 0.0128 / Low: 0.0126).

June Spread (Volatile) ±0.0063
September Spread (Stable) ±0.0003

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 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0210) against the same month in 2015 (average: 0.0207), the exchange rate shifted by +0.0002 (+0.99%).

2016 Avg (January) 0.0210
2015 Avg (January) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0211 0.0208 0.0210
February 0.0209 0.0199 0.0203
March 0.0206 0.0198 0.0202
April 0.0200 0.0197 0.0198
May 0.0204 0.0196 0.0200
June 0.0204 0.0140 0.0184
July 0.0145 0.0125 0.0139
August 0.0128 0.0113 0.0124
September 0.0128 0.0126 0.0127
October 0.0132 0.0126 0.0130
November 0.0136 0.0129 0.0133
December 0.0141 0.0133 0.0136