YEARLY HIGH
44.3888 NGN
YEARLY LOW
24.1802 NGN
YEARLY AVERAGE
32.5782 NGN

2016 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 44.3888. Conversely, the yearly low was recorded on January 19, dropping to 24.1802.

This high-to-low spread represents a total annual volatility of 20.2085 NGN. From a start-to-finish perspective, comparing the January average rate of 24.4489 to the December average rate of 39.9035, the exchange rate registered a net change of 63.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 44.3888 was up 67.29% compared to the 2015 peak of 26.5347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221,944 NGN
2015 Average 125,908 NGN
Yearly Trough Low 120,901 NGN
Transaction Impact: A difference of 101,042.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

42.8828
22.7731
JanuMarcMayJulySeptNove

SBD 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 25.5393, compared to 39.6172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.0779 points.

H1 Avg (Jan–Jun) 25.5393
H2 Avg (Jul–Dec) 39.6172

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 10.8474 NGN (High: 36.2969 / Low: 25.4495). On the other end, May was the most stable month, with a tight range of 0.1102 NGN (High: 25.6168 / Low: 25.5066).

June Spread (Volatile) ±10.8474
May Spread (Stable) ±0.1102

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.2758 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.2758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 41.2070) against the same month in 2015 (average: 24.9645), the exchange rate shifted by +16.2425 (+65.06%).

2016 Avg (August) 41.2070
2015 Avg (August) 24.9645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.6367 24.1802 24.4489
February 24.6244 24.3597 24.4902
March 25.2988 24.4884 24.9624
April 25.5393 24.8542 25.1002
May 25.6168 25.5066 25.5282
June 36.2969 25.4495 28.7059
July 40.5191 35.5386 37.0773
August 44.3888 39.7715 41.2070
September 40.5072 39.6253 39.9312
October 40.2291 39.3975 39.9083
November 40.0854 39.2675 39.6757
December 40.6899 38.5086 39.9035