2016 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 91.3893. Conversely, the yearly low was recorded on January 22, dropping to 48.1800.
This high-to-low spread represents a total annual volatility of 43.2093 NGN. From a start-to-finish perspective, comparing the January average rate of 49.1465 to the December average rate of 74.8294, the exchange rate registered a net change of 52.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 91.3893 was up 62.40% compared to the 2015 peak of 56.2733, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
PLN to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 51.9510, compared to 78.4884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.5374 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 23.5350 NGN (High: 73.9981 / Low: 50.4631). On the other end, February was the most stable month, with a tight range of 1.8266 NGN (High: 50.9801 / Low: 49.1535).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 3.0870 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 83.9919) against the same month in 2015 (average: 52.8223), the exchange rate shifted by +31.1696 (+59.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 50.7170 | 48.1800 | 49.1465 |
| February | 50.9801 | 49.1535 | 50.2697 |
| March | 53.2742 | 49.9879 | 51.6716 |
| April | 53.4506 | 50.9614 | 52.3611 |
| May | 52.3262 | 50.1832 | 51.0338 |
| June | 73.9981 | 50.4631 | 57.2231 |
| July | 81.9835 | 70.4725 | 73.6978 |
| August | 91.3893 | 79.8304 | 83.9919 |
| September | 81.8797 | 79.5459 | 81.1707 |
| October | 82.0050 | 78.8657 | 80.1637 |
| November | 80.7991 | 74.6004 | 77.0767 |
| December | 76.2631 | 73.0496 | 74.8294 |