YEARLY HIGH
486.7861 NGN
YEARLY LOW
274.2651 NGN
YEARLY AVERAGE
357.2763 NGN

2016 XDR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the XDR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 486.7861. Conversely, the yearly low was recorded on January 30, dropping to 274.2651.

This high-to-low spread represents a total annual volatility of 212.5210 NGN. From a start-to-finish perspective, comparing the January average rate of 275.1239 to the December average rate of 424.0046, the exchange rate registered a net change of 54.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 486.7861 was up 68.40% compared to the 2015 peak of 289.0705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,433,931 NGN
2015 Average 1,384,354 NGN
Yearly Trough Low 1,371,326 NGN
Transaction Impact: A difference of 1,062,604.96 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

468.2666
257.5655
JanuMarcMayJulySeptNove

XDR 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 284.4761, compared to 430.0766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 145.6006 points.

H1 Avg (Jan–Jun) 284.4761
H2 Avg (Jul–Dec) 430.0766

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 123.3747 NGN (High: 402.6842 / Low: 279.3095). On the other end, January was the most stable month, with a tight range of 1.9413 NGN (High: 276.2064 / Low: 274.2651).

June Spread (Volatile) ±123.3747
January Spread (Stable) ±1.9413

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 12.8008 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -12.8008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 450.7082) against the same month in 2015 (average: 279.0247), the exchange rate shifted by +171.6835 (+61.53%).

2016 Avg (August) 450.7082
2015 Avg (August) 279.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 276.2064 274.2651 275.1239
February 280.1020 274.4706 277.4594
March 280.2869 274.8917 277.7788
April 282.4621 279.4845 280.4111
May 283.6352 279.1862 280.7761
June 402.6842 279.3095 315.3070
July 445.8565 392.1330 407.0236
August 486.7861 434.8446 450.7082
September 441.7877 434.3658 437.9074
October 438.9185 428.0476 432.1256
November 435.0263 423.7719 428.6904
December 429.4074 411.0977 424.0046