YEARLY HIGH
0.1696 TWD
YEARLY LOW
0.0913 TWD
YEARLY AVERAGE
0.1321 TWD

2016 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.1696. Conversely, the yearly low was recorded on August 22, dropping to 0.0913.

This high-to-low spread represents a total annual volatility of 0.0783 TWD. From a start-to-finish perspective, comparing the January average rate of 0.1679 to the December average rate of 0.1017, the exchange rate registered a net change of -39.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1696 was down 4.65% compared to the 2015 peak of 0.1778, 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 169,554 TWD
2015 Average 160,682 TWD
Yearly Trough Low 91,279 TWD
Transaction Impact: A difference of 78,275.83 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1749
0.0910
JanuMarcMayJulySeptNove

NGN to TWD 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 0.1622, compared to 0.1021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0602 points.

H1 Avg (Jan–Jun) 0.1622
H2 Avg (Jul–Dec) 0.1021

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0506 TWD (High: 0.1639 / Low: 0.1133). On the other end, April was the most stable month, with a tight range of 0.0010 TWD (High: 0.1630 / Low: 0.1620).

June Spread (Volatile) ±0.0506
April Spread (Stable) ±0.0010

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 0.0382 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1679) against the same month in 2015 (average: 0.1703), the exchange rate shifted by -0.0024 (-1.40%).

2016 Avg (January) 0.1679
2015 Avg (January) 0.1703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1696 0.1652 0.1679
February 0.1682 0.1658 0.1672
March 0.1665 0.1622 0.1641
April 0.1630 0.1620 0.1625
May 0.1645 0.1620 0.1635
June 0.1639 0.1133 0.1481
July 0.1148 0.0997 0.1099
August 0.1018 0.0913 0.0980
September 0.1019 0.0999 0.1006
October 0.1019 0.0998 0.1009
November 0.1024 0.1002 0.1012
December 0.1060 0.1007 0.1017