YEARLY HIGH
100.4689 NGN
YEARLY LOW
82.6336 NGN
YEARLY AVERAGE
90.8307 NGN

2017 AED to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AED to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 100.4689. Conversely, the yearly low was recorded on January 9, dropping to 82.6336.

This high-to-low spread represents a total annual volatility of 17.8353 NGN. From a start-to-finish perspective, comparing the January average rate of 85.2429 to the December average rate of 97.9538, the exchange rate registered a net change of 14.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 100.4689 was up 6.04% compared to the 2016 peak of 94.7444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 502,345 NGN
2016 Average 350,754 NGN
Yearly Trough Low 413,168 NGN
Transaction Impact: A difference of 89,176.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

99.2249
83.9718
JanuMarcMayJulySeptNove

AED 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 85.8780, compared to 95.7834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.9055 points.

H1 Avg (Jan–Jun) 85.8780
H2 Avg (Jul–Dec) 95.7834

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 14.6893 NGN (High: 100.4689 / Low: 85.7796). On the other end, December was the most stable month, with a tight range of 0.7149 NGN (High: 98.3097 / Low: 97.5948).

August Spread (Volatile) ±14.6893
December Spread (Stable) ±0.7149

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.4552 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 97.2001) against the same month in 2016 (average: 87.7820), the exchange rate shifted by +9.4181 (+10.73%).

2017 Avg (August) 97.2001
2016 Avg (August) 87.7820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 86.4413 82.6336 85.2429
February 86.4440 83.2710 85.8310
March 86.7244 83.3007 85.4503
April 86.4440 83.7960 85.7651
May 88.5780 85.3544 86.3138
June 95.4236 85.2176 86.6648
July 95.4257 83.2684 86.2096
August 100.4689 85.7796 97.2001
September 98.4150 96.5126 97.6561
October 98.2004 96.9187 97.8028
November 98.6316 96.9231 97.8784
December 98.3097 97.5948 97.9538