YEARLY HIGH
57.2834 NGN
YEARLY LOW
32.2902 NGN
YEARLY AVERAGE
41.6790 NGN

2016 SDG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SDG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 57.2834. Conversely, the yearly low was recorded on January 3, dropping to 32.2902.

This high-to-low spread represents a total annual volatility of 24.9931 NGN. From a start-to-finish perspective, comparing the January average rate of 32.5428 to the December average rate of 48.4870, the exchange rate registered a net change of 48.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 57.2834 was up 66.93% compared to the 2015 peak of 34.3166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286,417 NGN
2015 Average 164,565 NGN
Yearly Trough Low 161,451 NGN
Transaction Impact: A difference of 124,965.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

55.0932
30.4928
JanuMarcMayJulySeptNove

SDG 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 33.3269, compared to 50.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7041 points.

H1 Avg (Jan–Jun) 33.3269
H2 Avg (Jul–Dec) 50.0310

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 13.8091 NGN (High: 46.4634 / Low: 32.6543). On the other end, February was the most stable month, with a tight range of 0.0851 NGN (High: 32.6583 / Low: 32.5732).

June Spread (Volatile) ±13.8091
February Spread (Stable) ±0.0851

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.0148 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 53.0431) against the same month in 2015 (average: 32.7566), the exchange rate shifted by +20.2866 (+61.93%).

2016 Avg (August) 53.0431
2015 Avg (August) 32.7566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.6418 32.2902 32.5428
February 32.6583 32.5732 32.6212
March 32.7222 32.5752 32.6422
April 32.7055 32.5845 32.6373
May 32.7312 32.6375 32.6863
June 46.4634 32.6543 36.8320
July 52.6588 46.3862 48.1137
August 57.2834 51.3219 53.0431
September 51.8072 51.0375 51.4173
October 51.7481 48.6666 50.5698
November 49.4121 48.0913 48.5551
December 48.9046 46.9231 48.4870