2016 NGN to WST Historical Review

YEARLY HIGH

0.0135 WST

YEARLY LOW

0.0073 WST

YEARLY AVERAGE

0.0104 WST

2016 NGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0135. Conversely, the yearly low was recorded on August 22, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0062 WST. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0081, the exchange rate registered a net change of -38.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0135 was down 0.20% compared to the 2015 peak of 0.0136, 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 13,531 WST

2015 Average 12,765 WST

Yearly Trough Low 7,296 WST

Transaction Impact: A difference of 6,234.71 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0135

0.0074

JanuMarcMayJulySeptNove

NGN to WST 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 0.0126, compared to 0.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0126

H2 Avg (Jul–Dec) 0.0081

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0041 WST (High: 0.0130 / Low: 0.0089). On the other end, September was the most stable month, with a tight range of 0.0001 WST (High: 0.0082 / Low: 0.0080).

June Spread (Volatile) ±0.0041

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 0.0029 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0130) against the same month in 2015 (average: 0.0131), the exchange rate shifted by -0.0001 (-0.79%).

2016 Avg (January) 0.0130

2015 Avg (January) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0135	0.0128	0.0130
February	0.0133	0.0128	0.0130
March	0.0129	0.0126	0.0128
April	0.0128	0.0126	0.0126
May	0.0131	0.0126	0.0128
June	0.0130	0.0089	0.0116
July	0.0091	0.0080	0.0087
August	0.0081	0.0073	0.0079
September	0.0082	0.0080	0.0081
October	0.0082	0.0080	0.0081
November	0.0081	0.0080	0.0081
December	0.0085	0.0080	0.0081