YEARLY HIGH
0.1827 THB
YEARLY LOW
0.0996 THB
YEARLY AVERAGE
0.1442 THB

2016 NGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1827. Conversely, the yearly low was recorded on August 22, dropping to 0.0996.

This high-to-low spread represents a total annual volatility of 0.0832 THB. From a start-to-finish perspective, comparing the January average rate of 0.1815 to the December average rate of 0.1137, the exchange rate registered a net change of -37.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1827 was down 0.30% compared to the 2015 peak of 0.1833, 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 182,712 THB
2015 Average 173,118 THB
Yearly Trough Low 99,552 THB
Transaction Impact: A difference of 83,160.66 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1888
0.1005
JanuMarcMayJulySeptNove

NGN to THB 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 0.1755, compared to 0.1128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0627 points.

H1 Avg (Jan–Jun) 0.1755
H2 Avg (Jul–Dec) 0.1128

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0552 THB (High: 0.1794 / Low: 0.1242). On the other end, September was the most stable month, with a tight range of 0.0014 THB (High: 0.1117 / Low: 0.1103).

June Spread (Volatile) ±0.0552
September Spread (Stable) ±0.0014

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 0.0415 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1815) against the same month in 2015 (average: 0.1761), the exchange rate shifted by +0.0054 (+3.04%).

2016 Avg (January) 0.1815
2015 Avg (January) 0.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1827 0.1791 0.1815
February 0.1798 0.1773 0.1790
March 0.1787 0.1749 0.1769
April 0.1772 0.1753 0.1762
May 0.1795 0.1752 0.1779
June 0.1794 0.1242 0.1615
July 0.1248 0.1087 0.1200
August 0.1110 0.0996 0.1078
September 0.1117 0.1103 0.1110
October 0.1139 0.1103 0.1120
November 0.1138 0.1113 0.1127
December 0.1171 0.1127 0.1137