YEARLY HIGH
0.5568 XPF
YEARLY LOW
0.3029 XPF
YEARLY AVERAGE
0.4394 XPF

2016 NGN to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5568. Conversely, the yearly low was recorded on August 22, dropping to 0.3029.

This high-to-low spread represents a total annual volatility of 0.2540 XPF. From a start-to-finish perspective, comparing the January average rate of 0.5516 to the December average rate of 0.3602, the exchange rate registered a net change of -34.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5568 was down 2.50% compared to the 2015 peak of 0.5711, 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 556,843 XPF
2015 Average 544,222 XPF
Yearly Trough Low 302,852 XPF
Transaction Impact: A difference of 253,990.77 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5738
0.3081
JanuMarcMayJulySeptNove

NGN to XPF 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 0.5295, compared to 0.3493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1802 points.

H1 Avg (Jan–Jun) 0.5295
H2 Avg (Jul–Dec) 0.3493

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1676 XPF (High: 0.5384 / Low: 0.3707). On the other end, September was the most stable month, with a tight range of 0.0066 XPF (High: 0.3427 / Low: 0.3361).

June Spread (Volatile) ±0.1676
September Spread (Stable) ±0.0066

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 0.1169 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5516) against the same month in 2015 (average: 0.5524), the exchange rate shifted by -0.0007 (-0.13%).

2016 Avg (January) 0.5516
2015 Avg (January) 0.5524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5568 0.5488 0.5516
February 0.5508 0.5305 0.5405
March 0.5525 0.5288 0.5391
April 0.5344 0.5249 0.5294
May 0.5406 0.5216 0.5309
June 0.5384 0.3707 0.4856
July 0.3829 0.3346 0.3688
August 0.3424 0.3029 0.3303
September 0.3427 0.3361 0.3398
October 0.3493 0.3380 0.3451
November 0.3601 0.3417 0.3520
December 0.3737 0.3521 0.3602