2017 AOA to NGN Historical Review

YEARLY HIGH

2.2241 NGN

YEARLY LOW

1.8295 NGN

YEARLY AVERAGE

2.0108 NGN

2017 AOA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AOA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.2241. Conversely, the yearly low was recorded on January 9, dropping to 1.8295.

This high-to-low spread represents a total annual volatility of 0.3946 NGN. From a start-to-finish perspective, comparing the January average rate of 1.8872 to the December average rate of 2.1683, the exchange rate registered a net change of 14.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2241 was up 5.82% compared to the 2016 peak of 2.1019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,121 NGN

2016 Average 7,888 NGN

Yearly Trough Low 9,148 NGN

Transaction Impact: A difference of 1,973.04 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1964

1.8591

JanuMarcMayJulySeptNove

AOA 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 1.9012, compared to 2.1204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2192 points.

H1 Avg (Jan–Jun) 1.9012

H2 Avg (Jul–Dec) 2.1204

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.3251 NGN (High: 2.2241 / Low: 1.8990). On the other end, December was the most stable month, with a tight range of 0.0159 NGN (High: 2.1762 / Low: 2.1602).

August Spread (Volatile) ±0.3251

December Spread (Stable) ±0.0159

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 0.0098 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.1518) against the same month in 2016 (average: 1.9472), the exchange rate shifted by +0.2046 (+10.51%).

2017 Avg (August) 2.1518

2016 Avg (August) 1.9472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9137	1.8295	1.8872
February	1.9137	1.8434	1.9003
March	1.9197	1.8466	1.8918
April	1.9137	1.8550	1.8987
May	1.9609	1.8896	1.9108
June	2.1125	1.8865	1.9186
July	2.1125	1.8433	1.9088
August	2.2241	1.8990	2.1518
September	2.1786	2.1366	2.1618
October	2.1738	2.1456	2.1650
November	2.1835	2.1456	2.1667
December	2.1762	2.1602	2.1683