YEARLY HIGH
92.7991 NGN
YEARLY LOW
52.8418 NGN
YEARLY AVERAGE
68.6249 NGN

2016 SAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 92.7991. Conversely, the yearly low was recorded on March 12, dropping to 52.8418.

This high-to-low spread represents a total annual volatility of 39.9573 NGN. From a start-to-finish perspective, comparing the January average rate of 53.0545 to the December average rate of 83.9327, the exchange rate registered a net change of 58.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 92.7991 was up 70.33% compared to the 2015 peak of 54.4832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 463,996 NGN
2015 Average 263,757 NGN
Yearly Trough Low 264,209 NGN
Transaction Impact: A difference of 199,786.51 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

89.2662
49.7593
JanuMarcMayJulySeptNove

SAR 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 54.1766, compared to 83.0733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.8966 points.

H1 Avg (Jan–Jun) 54.1766
H2 Avg (Jul–Dec) 83.0733

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 22.5249 NGN (High: 75.4531 / Low: 52.9282). On the other end, April was the most stable month, with a tight range of 0.0749 NGN (High: 53.1159 / Low: 53.0410).

June Spread (Volatile) ±22.5249
April Spread (Stable) ±0.0749

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 2.5285 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 85.9739) against the same month in 2015 (average: 53.0518), the exchange rate shifted by +32.9221 (+62.06%).

2016 Avg (August) 85.9739
2015 Avg (August) 53.0518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.2639 52.9460 53.0545
February 53.2581 52.9753 53.0550
March 53.1463 52.8418 53.0516
April 53.1159 53.0410 53.0777
May 53.1106 53.0240 53.0761
June 75.4531 52.9282 59.7449
July 85.3204 75.1577 78.0078
August 92.7991 83.1692 85.9739
September 84.0439 82.8802 83.4455
October 84.1820 82.3340 83.4355
November 84.1948 82.9525 83.6441
December 84.5153 81.5349 83.9327