2016 TJS to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TJS to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TJS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 44.2295. Conversely, the yearly low was recorded on March 12, dropping to 25.1900.
This high-to-low spread represents a total annual volatility of 19.0395 NGN. From a start-to-finish perspective, comparing the January average rate of 26.9928 to the December average rate of 39.9827, the exchange rate registered a net change of 48.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 44.2295 was up 16.81% compared to the 2015 peak of 37.8661, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TJS to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.1109, compared to 39.5835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.4726 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 10.7547 NGN (High: 35.9815 / Low: 25.2268). On the other end, April was the most stable month, with a tight range of 0.0394 NGN (High: 25.3136 / Low: 25.2742).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.6696 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 40.9806) against the same month in 2015 (average: 31.6996), the exchange rate shifted by +9.2809 (+29.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.5257 | 25.4733 | 26.9928 |
| February | 25.3935 | 25.2600 | 25.3232 |
| March | 25.3259 | 25.1900 | 25.2819 |
| April | 25.3136 | 25.2742 | 25.2931 |
| May | 25.3209 | 25.2669 | 25.2976 |
| June | 35.9815 | 25.2268 | 28.4768 |
| July | 40.6681 | 35.8341 | 37.1852 |
| August | 44.2295 | 39.6455 | 40.9806 |
| September | 40.0178 | 39.4709 | 39.7556 |
| October | 40.0940 | 39.1408 | 39.7575 |
| November | 40.0936 | 39.5005 | 39.8392 |
| December | 40.4371 | 38.7256 | 39.9827 |