2016 SZL to NGN Historical Review

YEARLY HIGH

25.6527 NGN

YEARLY LOW

11.8242 NGN

YEARLY AVERAGE

17.7467 NGN

2016 SZL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 25.6527. Conversely, the yearly low was recorded on January 18, dropping to 11.8242.

This high-to-low spread represents a total annual volatility of 13.8285 NGN. From a start-to-finish perspective, comparing the January average rate of 12.2407 to the December average rate of 22.6872, the exchange rate registered a net change of 85.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 25.6527 was up 45.96% compared to the 2015 peak of 17.5757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128,264 NGN

2015 Average 77,930 NGN

Yearly Trough Low 59,121 NGN

Transaction Impact: A difference of 69,142.69 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

24.5959

11.1175

JanuMarcMayJulySeptNove

SZL 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 13.2181, compared to 22.2754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0574 points.

H1 Avg (Jan–Jun) 13.2181

H2 Avg (Jul–Dec) 22.2754

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 6.8926 NGN (High: 19.6195 / Low: 12.7269). On the other end, February was the most stable month, with a tight range of 0.7343 NGN (High: 13.0488 / Low: 12.3145).

June Spread (Volatile) ±6.8926

February Spread (Stable) ±0.7343

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 1.2305 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 23.4727) against the same month in 2015 (average: 15.4357), the exchange rate shifted by +8.0370 (+52.07%).

2016 Avg (August) 23.4727

2015 Avg (August) 15.4357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8672	11.8242	12.2407
February	13.0488	12.3145	12.5938
March	13.4360	12.5754	12.9500
April	14.0052	13.0653	13.6249
May	14.0133	12.6084	13.0189
June	19.6195	12.7269	14.8800
July	22.9274	19.0957	20.3340
August	25.6527	21.5984	23.4727
September	23.0863	21.3221	22.2422
October	23.0874	21.8673	22.4655
November	23.5550	21.6023	22.4509
December	23.3064	22.2459	22.6872