YEARLY HIGH
11.0636 TZS
YEARLY LOW
6.2797 TZS
YEARLY AVERAGE
8.9216 TZS

2016 NGN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 11.0636. Conversely, the yearly low was recorded on August 22, dropping to 6.2797.

This high-to-low spread represents a total annual volatility of 4.7839 TZS. From a start-to-finish perspective, comparing the January average rate of 10.9605 to the December average rate of 6.9160, the exchange rate registered a net change of -36.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.0636 was down 4.63% compared to the 2015 peak of 11.6010, 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 11,063,581 TZS
2015 Average 10,291,259 TZS
Yearly Trough Low 6,279,693 TZS
Transaction Impact: A difference of 4,783,887.36 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.4295
6.3638
JanuMarcMayJulySeptNove

NGN to TZS 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 10.8286, compared to 7.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8140 points.

H1 Avg (Jan–Jun) 10.8286
H2 Avg (Jul–Dec) 7.0146

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.2792 TZS (High: 11.0337 / Low: 7.7545). On the other end, March was the most stable month, with a tight range of 0.0377 TZS (High: 11.0038 / Low: 10.9661).

June Spread (Volatile) ±3.2792
March Spread (Stable) ±0.0377

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 2.5326 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.5326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 11.0073) against the same month in 2015 (average: 9.5224), the exchange rate shifted by +1.4849 (+15.59%).

2016 Avg (April) 11.0073
2015 Avg (April) 9.5224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0399 10.8363 10.9605
February 11.0312 10.9553 10.9880
March 11.0038 10.9661 10.9843
April 11.0636 10.9800 11.0073
May 11.0225 10.9654 11.0008
June 11.0337 7.7545 10.0306
July 7.7838 6.8361 7.4980
August 6.9974 6.2797 6.7859
September 7.0260 6.9320 6.9702
October 7.0675 6.9102 6.9696
November 7.0046 6.8982 6.9477
December 7.1244 6.8624 6.9160