YEARLY HIGH
0.0109 TND
YEARLY LOW
0.0063 TND
YEARLY AVERAGE
0.0087 TND

2016 NGN to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0109. Conversely, the yearly low was recorded on August 22, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0046 TND. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0073, the exchange rate registered a net change of -28.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0109 was up 3.56% compared to the 2015 peak of 0.0105, 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 10,902 TND
2015 Average 9,915 TND
Yearly Trough Low 6,281 TND
Transaction Impact: A difference of 4,620.81 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0107
0.0065
JanuMarcMayJulySeptNove

NGN to TND 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 0.0101, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0033 TND (High: 0.0109 / Low: 0.0076). On the other end, January was the most stable month, with a tight range of 0.0001 TND (High: 0.0103 / Low: 0.0102).

June Spread (Volatile) ±0.0033
January 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 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0099) against the same month in 2015 (average: 0.0097), the exchange rate shifted by +0.0001 (+1.13%).

2016 Avg (June) 0.0099
2015 Avg (June) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0103 0.0102 0.0103
February 0.0103 0.0100 0.0102
March 0.0103 0.0101 0.0102
April 0.0102 0.0101 0.0101
May 0.0106 0.0100 0.0103
June 0.0109 0.0076 0.0099
July 0.0078 0.0069 0.0076
August 0.0071 0.0063 0.0068
September 0.0071 0.0070 0.0070
October 0.0072 0.0070 0.0071
November 0.0074 0.0071 0.0072
December 0.0075 0.0073 0.0073