YEARLY HIGH
3.2434 NGN
YEARLY LOW
1.8086 NGN
YEARLY AVERAGE
2.3953 NGN

2016 NPR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NPR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 3.2434. Conversely, the yearly low was recorded on February 25, dropping to 1.8086.

This high-to-low spread represents a total annual volatility of 1.4348 NGN. From a start-to-finish perspective, comparing the January average rate of 1.8496 to the December average rate of 2.9002, the exchange rate registered a net change of 56.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.2434 was up 57.51% compared to the 2015 peak of 2.0592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 16,217 NGN
2015 Average 9,645 NGN
Yearly Trough Low 9,043 NGN
Transaction Impact: A difference of 7,173.94 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1311
1.7038
JanuMarcMayJulySeptNove

NPR to NGN 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 1.8904, compared to 2.9003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0099 points.

H1 Avg (Jan–Jun) 1.8904
H2 Avg (Jul–Dec) 2.9003

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7784 NGN (High: 2.6240 / Low: 1.8456). On the other end, April was the most stable month, with a tight range of 0.0122 NGN (High: 1.8791 / Low: 1.8668).

June Spread (Volatile) ±0.7784
April Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0814 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 3.0122) against the same month in 2015 (average: 1.9130), the exchange rate shifted by +1.0992 (+57.46%).

2016 Avg (August) 3.0122
2015 Avg (August) 1.9130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8798 1.8251 1.8496
February 1.8389 1.8086 1.8228
March 1.8753 1.8290 1.8582
April 1.8791 1.8668 1.8716
May 1.8762 1.8402 1.8601
June 2.6240 1.8456 2.0802
July 2.9850 2.6158 2.7220
August 3.2434 2.9111 3.0122
September 2.9526 2.9087 2.9308
October 2.9543 2.8937 2.9331
November 2.9458 2.8657 2.9033
December 2.9267 2.8079 2.9002