YEARLY HIGH
51.9807 NGN
YEARLY LOW
29.8612 NGN
YEARLY AVERAGE
38.7309 NGN

2016 TTD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TTD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 51.9807. Conversely, the yearly low was recorded on May 18, dropping to 29.8612.

This high-to-low spread represents a total annual volatility of 22.1196 NGN. From a start-to-finish perspective, comparing the January average rate of 30.9850 to the December average rate of 46.7934, the exchange rate registered a net change of 51.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 51.9807 was up 60.89% compared to the 2015 peak of 32.3081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259,904 NGN
2015 Average 155,674 NGN
Yearly Trough Low 149,306 NGN
Transaction Impact: A difference of 110,597.82 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

49.9746
28.1311
JanuMarcMayJulySeptNove

TTD 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 30.9739, compared to 46.4880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5141 points.

H1 Avg (Jan–Jun) 30.9739
H2 Avg (Jul–Dec) 46.4880

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 12.6830 NGN (High: 42.5650 / Low: 29.8820). On the other end, May was the most stable month, with a tight range of 0.1947 NGN (High: 30.0559 / Low: 29.8612).

June Spread (Volatile) ±12.6830
May Spread (Stable) ±0.1947

Growth Streaks & Declines

Trends

Between May and August, 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 1.4111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 48.1543) against the same month in 2015 (average: 31.4001), the exchange rate shifted by +16.7542 (+53.36%).

2016 Avg (August) 48.1543
2015 Avg (August) 31.4001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.0620 30.7893 30.9850
February 30.8984 30.5187 30.7050
March 30.5703 30.1283 30.3192
April 30.3481 29.9464 30.1689
May 30.0559 29.8612 29.9514
June 42.5650 29.8820 33.7137
July 47.8163 42.3766 43.8385
August 51.9807 46.5766 48.1543
September 47.0413 46.4349 46.7431
October 47.0912 46.0907 46.7443
November 46.9371 46.3316 46.6542
December 47.2625 45.3527 46.7934