2016 NGN to SYP Historical Review

YEARLY HIGH

1.1088 SYP

YEARLY LOW

0.6173 SYP

YEARLY AVERAGE

0.8881 SYP

2016 NGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 1.1088. Conversely, the yearly low was recorded on August 22, dropping to 0.6173.

This high-to-low spread represents a total annual volatility of 0.4915 SYP. From a start-to-finish perspective, comparing the January average rate of 1.1051 to the December average rate of 0.6783, the exchange rate registered a net change of -38.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1088 was down 0.87% compared to the 2015 peak of 1.1185, 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 1,108,777 SYP

2015 Average 984,211 SYP

Yearly Trough Low 617,308 SYP

Transaction Impact: A difference of 491,468.75 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1489

0.6234

JanuMarcMayJulySeptNove

NGN to SYP 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 1.0870, compared to 0.6892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3978 points.

H1 Avg (Jan–Jun) 1.0870

H2 Avg (Jul–Dec) 0.6892

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.3365 SYP (High: 1.1041 / Low: 0.7676). On the other end, April was the most stable month, with a tight range of 0.0019 SYP (High: 1.1038 / Low: 1.1019).

June Spread (Volatile) ±0.3365

April Spread (Stable) ±0.0019

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 0.2626 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 1.1044) against the same month in 2015 (average: 1.0217), the exchange rate shifted by +0.0827 (+8.10%).

2016 Avg (March) 1.1044

2015 Avg (March) 1.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1072	1.1007	1.1051
February	1.1079	1.1002	1.1048
March	1.1088	1.1030	1.1044
April	1.1038	1.1019	1.1030
May	1.1038	1.1010	1.1022
June	1.1041	0.7676	1.0023
July	0.7677	0.6734	0.7397
August	0.6878	0.6173	0.6672
September	0.6907	0.6801	0.6845
October	0.6931	0.6778	0.6838
November	0.6878	0.6769	0.6816
December	0.6975	0.6729	0.6783