YEARLY HIGH
0.4132 RUB
YEARLY LOW
0.1856 RUB
YEARLY AVERAGE
0.2765 RUB

2016 NGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.4132. Conversely, the yearly low was recorded on August 20, dropping to 0.1856.

This high-to-low spread represents a total annual volatility of 0.2277 RUB. From a start-to-finish perspective, comparing the January average rate of 0.3845 to the December average rate of 0.1971, the exchange rate registered a net change of -48.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4132 was up 11.55% compared to the 2015 peak of 0.3704, 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 413,237 RUB
2015 Average 309,658 RUB
Yearly Trough Low 185,559 RUB
Transaction Impact: A difference of 227,678.38 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4071
0.1780
JanuMarcMayJulySeptNove

NGN to RUB 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 0.3479, compared to 0.2051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1428 points.

H1 Avg (Jan–Jun) 0.3479
H2 Avg (Jul–Dec) 0.2051

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1113 RUB (High: 0.3362 / Low: 0.2250). On the other end, October was the most stable month, with a tight range of 0.0045 RUB (High: 0.2020 / Low: 0.1975).

June Spread (Volatile) ±0.1113
October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0777 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.3845) against the same month in 2015 (average: 0.3445), the exchange rate shifted by +0.0401 (+11.64%).

2016 Avg (January) 0.3845
2015 Avg (January) 0.3445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4132 0.3662 0.3845
February 0.4004 0.3787 0.3880
March 0.3702 0.3376 0.3512
April 0.3441 0.3258 0.3345
May 0.3367 0.3259 0.3311
June 0.3362 0.2250 0.2980
July 0.2282 0.2067 0.2203
August 0.2097 0.1856 0.2014
September 0.2112 0.2014 0.2061
October 0.2020 0.1975 0.2001
November 0.2103 0.2021 0.2058
December 0.2040 0.1915 0.1971