2016 NGN to XOF Historical Review

YEARLY HIGH

3.0780 XOF

YEARLY LOW

1.6754 XOF

YEARLY AVERAGE

2.4271 XOF

2016 NGN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 3.0780. Conversely, the yearly low was recorded on August 22, dropping to 1.6754.

This high-to-low spread represents a total annual volatility of 1.4026 XOF. From a start-to-finish perspective, comparing the January average rate of 3.0497 to the December average rate of 1.9767, the exchange rate registered a net change of -35.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0780 was down 1.60% compared to the 2015 peak of 3.1279, 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 3,078,026 XOF

2015 Average 2,990,930 XOF

Yearly Trough Low 1,675,414 XOF

Transaction Impact: A difference of 1,402,612.43 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1721

1.7036

JanuMarcMayJulySeptNove

NGN to XOF 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 2.9267, compared to 1.9274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9992 points.

H1 Avg (Jan–Jun) 2.9267

H2 Avg (Jul–Dec) 1.9274

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.9311 XOF (High: 2.9746 / Low: 2.0435). On the other end, September was the most stable month, with a tight range of 0.0331 XOF (High: 1.8899 / Low: 1.8568).

June Spread (Volatile) ±0.9311

September Spread (Stable) ±0.0331

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 0.6447 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 3.0497) against the same month in 2015 (average: 3.0331), the exchange rate shifted by +0.0166 (+0.55%).

2016 Avg (January) 3.0497

2015 Avg (January) 3.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0780	3.0303	3.0497
February	3.0438	2.9325	2.9902
March	3.0575	2.9245	2.9782
April	2.9456	2.9068	2.9255
May	2.9804	2.8670	2.9342
June	2.9746	2.0435	2.6822
July	2.1198	1.8520	2.0376
August	1.8908	1.6754	1.8259
September	1.8899	1.8568	1.8763
October	1.9290	1.8732	1.9065
November	1.9817	1.8883	1.9417
December	2.0466	1.9394	1.9767