2016 VEF to NGN Historical Review

YEARLY HIGH

34.8785 NGN

YEARLY LOW

19.9063 NGN

YEARLY AVERAGE

28.6810 NGN

2016 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 34.8785. Conversely, the yearly low was recorded on June 7, dropping to 19.9063.

This high-to-low spread represents a total annual volatility of 14.9722 NGN. From a start-to-finish perspective, comparing the January average rate of 31.4999 to the December average rate of 31.5238, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 34.8785 was up 7.72% compared to the 2015 peak of 32.3776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,392 NGN

2015 Average 156,598 NGN

Yearly Trough Low 99,531 NGN

Transaction Impact: A difference of 74,861.11 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.5545

18.7230

JanuMarcMayJulySeptNove

VEF 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 26.1397, compared to 31.2223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0826 points.

H1 Avg (Jan–Jun) 26.1397

H2 Avg (Jul–Dec) 31.2223

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 8.4867 NGN (High: 28.3930 / Low: 19.9063). On the other end, April was the most stable month, with a tight range of 0.0401 NGN (High: 19.9773 / Low: 19.9372).

June Spread (Volatile) ±8.4867

April Spread (Stable) ±0.0401

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 March and April, when the average rate fell by 11.5022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -11.5022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 32.3185) against the same month in 2015 (average: 31.4827), the exchange rate shifted by +0.8359 (+2.65%).

2016 Avg (August) 32.3185

2015 Avg (August) 31.4827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6247	31.4526	31.4999
February	31.6251	31.3906	31.4834
March	31.5502	31.3503	31.4612
April	19.9773	19.9372	19.9590
May	19.9817	19.9372	19.9644
June	28.3930	19.9063	22.4706
July	32.0648	28.0705	29.3069
August	34.8785	31.2598	32.3185
September	31.5778	31.1495	31.3701
October	31.6488	30.9501	31.3674
November	31.6485	31.1790	31.4469
December	31.7317	30.5954	31.5238