YEARLY HIGH
0.0440 SVC
YEARLY LOW
0.0251 SVC
YEARLY AVERAGE
0.0357 SVC

2016 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0440. Conversely, the yearly low was recorded on August 22, dropping to 0.0251.

This high-to-low spread represents a total annual volatility of 0.0189 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0439 to the December average rate of 0.0278, the exchange rate registered a net change of -36.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0440 was down 9.66% compared to the 2015 peak of 0.0487, 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 44,027 SVC
2015 Average 44,218 SVC
Yearly Trough Low 25,108 SVC
Transaction Impact: A difference of 18,919.17 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0456
0.0255
JanuMarcMayJulySeptNove

NGN to SVC 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 0.0433, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.0433
H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0131 SVC (High: 0.0440 / Low: 0.0309). On the other end, April was the most stable month, with a tight range of 0.0001 SVC (High: 0.0440 / Low: 0.0439).

June Spread (Volatile) ±0.0131
April Spread (Stable) ±0.0001

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 0.0101 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0439) against the same month in 2015 (average: 0.0439), the exchange rate shifted by +0.0000 (+0.00%).

2016 Avg (March) 0.0439
2015 Avg (March) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0440 0.0438 0.0439
February 0.0440 0.0439 0.0439
March 0.0440 0.0438 0.0439
April 0.0440 0.0439 0.0439
May 0.0440 0.0439 0.0439
June 0.0440 0.0309 0.0400
July 0.0310 0.0273 0.0299
August 0.0280 0.0251 0.0271
September 0.0281 0.0278 0.0279
October 0.0283 0.0277 0.0279
November 0.0281 0.0277 0.0279
December 0.0287 0.0275 0.0278