YEARLY HIGH
0.7330 NGN
YEARLY LOW
0.4009 NGN
YEARLY AVERAGE
0.5367 NGN

2016 AMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.7330. Conversely, the yearly low was recorded on February 15, dropping to 0.4009.

This high-to-low spread represents a total annual volatility of 0.3321 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4101 to the December average rate of 0.6524, the exchange rate registered a net change of 59.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7330 was up 71.74% compared to the 2015 peak of 0.4268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,665 NGN
2015 Average 2,071 NGN
Yearly Trough Low 2,004 NGN
Transaction Impact: A difference of 1,660.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7056
0.3754
JanuMarcMayJulySeptNove

AMD 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 0.4201, compared to 0.6532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2331 points.

H1 Avg (Jan–Jun) 0.4201
H2 Avg (Jul–Dec) 0.6532

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1796 NGN (High: 0.5945 / Low: 0.4149). On the other end, May was the most stable month, with a tight range of 0.0021 NGN (High: 0.4169 / Low: 0.4149).

June Spread (Volatile) ±0.1796
May Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0179 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.6781) against the same month in 2015 (average: 0.4153), the exchange rate shifted by +0.2628 (+63.30%).

2016 Avg (August) 0.6781
2015 Avg (August) 0.4153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4122 0.4074 0.4101
February 0.4071 0.4009 0.4029
March 0.4143 0.4040 0.4087
April 0.4157 0.4111 0.4135
May 0.4169 0.4149 0.4160
June 0.5945 0.4149 0.4693
July 0.6720 0.5910 0.6140
August 0.7330 0.6570 0.6781
September 0.6641 0.6547 0.6602
October 0.6643 0.6509 0.6587
November 0.6602 0.6519 0.6561
December 0.6590 0.6323 0.6524