2016 NGN to SGD Historical Review

YEARLY HIGH

0.0072 SGD

YEARLY LOW

0.0039 SGD

YEARLY AVERAGE

0.0056 SGD

2016 NGN to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0072. Conversely, the yearly low was recorded on August 22, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0034 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0046, the exchange rate registered a net change of -36.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0072 was down 2.45% compared to the 2015 peak of 0.0074, 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 7,250 SGD

2015 Average 6,949 SGD

Yearly Trough Low 3,879 SGD

Transaction Impact: A difference of 3,370.31 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0075

0.0039

JanuMarcMayJulySeptNove

NGN to SGD 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 0.0068, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0022 SGD (High: 0.0069 / Low: 0.0047). On the other end, September was the most stable month, with a tight range of 0.0001 SGD (High: 0.0044 / Low: 0.0043).

June Spread (Volatile) ±0.0022

September Spread (Stable) ±0.0001

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 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0072) against the same month in 2015 (average: 0.0072), the exchange rate shifted by +0.0000 (+0.04%).

2016 Avg (January) 0.0072

2015 Avg (January) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0072	0.0071	0.0072
February	0.0072	0.0070	0.0071
March	0.0070	0.0068	0.0069
April	0.0068	0.0067	0.0068
May	0.0069	0.0067	0.0069
June	0.0069	0.0047	0.0062
July	0.0048	0.0042	0.0046
August	0.0044	0.0039	0.0042
September	0.0044	0.0043	0.0043
October	0.0044	0.0043	0.0044
November	0.0046	0.0044	0.0045
December	0.0047	0.0045	0.0046