YEARLY HIGH
0.0397 TJS
YEARLY LOW
0.0226 TJS
YEARLY AVERAGE
0.0319 TJS

2016 NGN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0397. Conversely, the yearly low was recorded on August 22, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0171 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0371 to the December average rate of 0.0250, the exchange rate registered a net change of -32.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0397 was up 13.24% compared to the 2015 peak of 0.0351, 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 39,698 TJS
2015 Average 31,081 TJS
Yearly Trough Low 22,609 TJS
Transaction Impact: A difference of 17,088.90 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0411
0.0229
JanuMarcMayJulySeptNove

NGN to TJS 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 0.0385, compared to 0.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.0385
H2 Avg (Jul–Dec) 0.0253

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0118 TJS (High: 0.0396 / Low: 0.0278). On the other end, April was the most stable month, with a tight range of 0.0001 TJS (High: 0.0396 / Low: 0.0395).

June Spread (Volatile) ±0.0118
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0396) against the same month in 2015 (average: 0.0279), the exchange rate shifted by +0.0116 (+41.52%).

2016 Avg (March) 0.0396
2015 Avg (March) 0.0279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0393 0.0351 0.0371
February 0.0396 0.0394 0.0395
March 0.0397 0.0395 0.0396
April 0.0396 0.0395 0.0395
May 0.0396 0.0395 0.0395
June 0.0396 0.0278 0.0360
July 0.0279 0.0246 0.0269
August 0.0252 0.0226 0.0244
September 0.0253 0.0250 0.0252
October 0.0255 0.0249 0.0252
November 0.0253 0.0249 0.0251
December 0.0258 0.0247 0.0250