YEARLY HIGH
39.8283 NGN
YEARLY LOW
22.7134 NGN
YEARLY AVERAGE
29.4352 NGN

2016 SVC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SVC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 39.8283. Conversely, the yearly low was recorded on March 13, dropping to 22.7134.

This high-to-low spread represents a total annual volatility of 17.1150 NGN. From a start-to-finish perspective, comparing the January average rate of 22.7625 to the December average rate of 35.9892, the exchange rate registered a net change of 58.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 39.8283 was up 69.92% compared to the 2015 peak of 23.4396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199,142 NGN
2015 Average 113,129 NGN
Yearly Trough Low 113,567 NGN
Transaction Impact: A difference of 85,574.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

38.2800
21.3497
JanuMarcMayJulySeptNove

SVC 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 23.2418, compared to 35.6287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3869 points.

H1 Avg (Jan–Jun) 23.2418
H2 Avg (Jul–Dec) 35.6287

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 9.6068 NGN (High: 32.3296 / Low: 22.7228). On the other end, April was the most stable month, with a tight range of 0.0334 NGN (High: 22.7841 / Low: 22.7507).

June Spread (Volatile) ±9.6068
April Spread (Stable) ±0.0334

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 August and September, when the average rate fell by 1.0807 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 36.8691) against the same month in 2015 (average: 22.7632), the exchange rate shifted by +14.1060 (+61.97%).

2016 Avg (August) 36.8691
2015 Avg (August) 22.7632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.8078 22.7161 22.7625
February 22.7841 22.7218 22.7606
March 22.8056 22.7134 22.7665
April 22.7841 22.7507 22.7647
May 22.7887 22.7324 22.7657
June 32.3296 22.7228 25.6309
July 36.5691 32.2420 33.4552
August 39.8283 35.6843 36.8691
September 35.9964 35.5733 35.7885
October 36.0920 35.3114 35.8002
November 36.1020 35.5920 35.8698
December 36.3046 34.8290 35.9892