YEARLY HIGH
253.3603 NGN
YEARLY LOW
127.2348 NGN
YEARLY AVERAGE
180.5779 NGN

2016 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 253.3603. Conversely, the yearly low was recorded on January 19, dropping to 127.2348.

This high-to-low spread represents a total annual volatility of 126.1255 NGN. From a start-to-finish perspective, comparing the January average rate of 130.3115 to the December average rate of 221.2041, the exchange rate registered a net change of 69.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 253.3603 was up 64.74% compared to the 2015 peak of 153.7981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,266,802 NGN
2015 Average 692,326 NGN
Yearly Trough Low 636,174 NGN
Transaction Impact: A difference of 630,627.59 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

243.2425
120.0450
JanuMarcMayJulySeptNove

NZD 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 137.8428, compared to 223.3131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.4703 points.

H1 Avg (Jan–Jun) 137.8428
H2 Avg (Jul–Dec) 223.3131

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 69.4325 NGN (High: 204.8041 / Low: 135.3716). On the other end, February was the most stable month, with a tight range of 4.0902 NGN (High: 133.8229 / Low: 129.7327).

June Spread (Volatile) ±69.4325
February Spread (Stable) ±4.0902

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 4.5250 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.5250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 232.9760) against the same month in 2015 (average: 130.4080), the exchange rate shifted by +102.5680 (+78.65%).

2016 Avg (August) 232.9760
2015 Avg (August) 130.4080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 136.4629 127.2348 130.3115
February 133.8229 129.7327 132.0346
March 137.6554 131.4245 134.2545
April 140.1790 134.9456 137.1250
May 139.9003 133.1993 135.2780
June 204.8041 135.3716 158.0529
July 230.6294 200.8801 208.8560
August 253.3603 225.8776 232.9760
September 232.2748 226.4690 228.6209
October 229.0476 219.9508 224.0959
November 231.3212 219.1680 224.1254
December 227.4718 211.7134 221.2041