YEARLY HIGH
0.0629 NGN
YEARLY LOW
0.0335 NGN
YEARLY AVERAGE
0.0454 NGN

2016 PYG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PYG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0629. Conversely, the yearly low was recorded on January 23, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0295 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0544, the exchange rate registered a net change of 60.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0629 was up 46.50% compared to the 2015 peak of 0.0430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 315 NGN
2015 Average 191 NGN
Yearly Trough Low 167 NGN
Transaction Impact: A difference of 147.37 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0607
0.0313
JanuMarcMayJulySeptNove

PYG 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 0.0356, compared to 0.0552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.0356
H2 Avg (Jul–Dec) 0.0552

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0152 NGN (High: 0.0502 / Low: 0.0350). On the other end, March was the most stable month, with a tight range of 0.0006 NGN (High: 0.0352 / Low: 0.0347).

June Spread (Volatile) ±0.0152
March Spread (Stable) ±0.0006

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 August and September, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0583) against the same month in 2015 (average: 0.0379), the exchange rate shifted by +0.0204 (+53.86%).

2016 Avg (August) 0.0583
2015 Avg (August) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0344 0.0335 0.0338
February 0.0348 0.0336 0.0343
March 0.0352 0.0347 0.0349
April 0.0361 0.0352 0.0357
May 0.0358 0.0350 0.0354
June 0.0502 0.0350 0.0396
July 0.0574 0.0501 0.0523
August 0.0629 0.0566 0.0583
September 0.0567 0.0559 0.0563
October 0.0566 0.0550 0.0557
November 0.0550 0.0539 0.0544
December 0.0552 0.0531 0.0544