YEARLY HIGH
88.3931 NGN
YEARLY LOW
47.4298 NGN
YEARLY AVERAGE
63.3577 NGN

2016 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 88.3931. Conversely, the yearly low was recorded on January 6, dropping to 47.4298.

This high-to-low spread represents a total annual volatility of 40.9632 NGN. From a start-to-finish perspective, comparing the January average rate of 47.7328 to the December average rate of 73.4497, the exchange rate registered a net change of 53.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 88.3931 was up 68.63% compared to the 2015 peak of 52.4198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 441,965 NGN
2015 Average 247,037 NGN
Yearly Trough Low 237,149 NGN
Transaction Impact: A difference of 204,816.17 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

84.3625
44.4029
JanuMarcMayJulySeptNove

RON 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 50.4564, compared to 76.2591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.8027 points.

H1 Avg (Jan–Jun) 50.4564
H2 Avg (Jul–Dec) 76.2591

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 22.2211 NGN (High: 71.3513 / Low: 49.1302). On the other end, January was the most stable month, with a tight range of 0.6309 NGN (High: 48.0607 / Low: 47.4298).

June Spread (Volatile) ±22.2211
January Spread (Stable) ±0.6309

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 2.1641 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 81.0326) against the same month in 2015 (average: 50.1020), the exchange rate shifted by +30.9306 (+61.74%).

2016 Avg (August) 81.0326
2015 Avg (August) 50.1020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.0607 47.4298 47.7328
February 50.2308 47.7927 49.2919
March 50.5924 48.5062 49.6050
April 50.8597 49.9348 50.4667
May 51.1031 49.0919 49.9906
June 71.3513 49.1302 55.6512
July 80.0177 69.1442 72.2278
August 88.3931 78.1693 81.0326
September 79.6098 78.0184 78.8685
October 79.2085 75.6693 76.8719
November 77.6877 73.4123 75.1042
December 75.3092 70.8891 73.4497