YEARLY HIGH
3.2799 NGN
YEARLY LOW
2.3592 NGN
YEARLY AVERAGE
2.8189 NGN

2017 ALL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ALL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 3.2799. Conversely, the yearly low was recorded on January 9, dropping to 2.3592.

This high-to-low spread represents a total annual volatility of 0.9207 NGN. From a start-to-finish perspective, comparing the January average rate of 2.4411 to the December average rate of 3.1963, the exchange rate registered a net change of 30.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.2799 was up 13.79% compared to the 2016 peak of 2.8824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,399 NGN
2016 Average 10,380 NGN
Yearly Trough Low 11,796 NGN
Transaction Impact: A difference of 4,603.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.2734
2.3654
JanuMarcMayJulySeptNove

ALL 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 2.5297, compared to 3.1081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5784 points.

H1 Avg (Jan–Jun) 2.5297
H2 Avg (Jul–Dec) 3.1081

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.4744 NGN (High: 3.2799 / Low: 2.8055). On the other end, October was the most stable month, with a tight range of 0.0715 NGN (High: 3.1885 / Low: 3.1170).

August Spread (Volatile) ±0.4744
October Spread (Stable) ±0.0715

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0409 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 3.1838) against the same month in 2016 (average: 2.6445), the exchange rate shifted by +0.5393 (+20.39%).

2017 Avg (August) 3.1838
2016 Avg (August) 2.6445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4861 2.3592 2.4411
February 2.5119 2.4107 2.4740
March 2.5285 2.4267 2.4793
April 2.5548 2.3984 2.4915
May 2.7072 2.5478 2.6073
June 3.0187 2.6335 2.6849
July 3.0469 2.6506 2.7527
August 3.2799 2.8055 3.1838
September 3.2634 3.1372 3.1977
October 3.1885 3.1170 3.1568
November 3.2139 3.0982 3.1611
December 3.2416 3.1594 3.1963