YEARLY HIGH
0.1370 UAH
YEARLY LOW
0.0726 UAH
YEARLY AVERAGE
0.1042 UAH

2016 NGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.1370. Conversely, the yearly low was recorded on August 22, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0645 UAH. From a start-to-finish perspective, comparing the January average rate of 0.1221 to the December average rate of 0.0835, the exchange rate registered a net change of -31.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1370 was down 4.02% compared to the 2015 peak of 0.1428, 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 137,047 UAH
2015 Average 110,112 UAH
Yearly Trough Low 72,558 UAH
Transaction Impact: A difference of 64,488.60 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1386
0.0725
JanuMarcMayJulySeptNove

NGN to UAH 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 0.1261, compared to 0.0824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0436 points.

H1 Avg (Jan–Jun) 0.1261
H2 Avg (Jul–Dec) 0.0824

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0381 UAH (High: 0.1261 / Low: 0.0879). On the other end, May was the most stable month, with a tight range of 0.0021 UAH (High: 0.1282 / Low: 0.1261).

June Spread (Volatile) ±0.0381
May Spread (Stable) ±0.0021

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 0.0291 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.1331) against the same month in 2015 (average: 0.1228), the exchange rate shifted by +0.0102 (+8.33%).

2016 Avg (February) 0.1331
2015 Avg (February) 0.1228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1286 0.1169 0.1221
February 0.1370 0.1286 0.1331
March 0.1363 0.1276 0.1319
April 0.1313 0.1264 0.1284
May 0.1282 0.1261 0.1267
June 0.1261 0.0879 0.1141
July 0.0883 0.0775 0.0850
August 0.0836 0.0726 0.0780
September 0.0861 0.0823 0.0839
October 0.0836 0.0810 0.0822
November 0.0835 0.0811 0.0820
December 0.0889 0.0815 0.0835