YEARLY HIGH
21.4627 NGN
YEARLY LOW
17.2063 NGN
YEARLY AVERAGE
20.1592 NGN

2017 ARS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ARS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 21.4627. Conversely, the yearly low was recorded on July 28, dropping to 17.2063.

This high-to-low spread represents a total annual volatility of 4.2564 NGN. From a start-to-finish perspective, comparing the January average rate of 19.7071 to the December average rate of 20.3126, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 21.4627 was down 8.32% compared to the 2016 peak of 23.4106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,314 NGN
2016 Average 86,872 NGN
Yearly Trough Low 86,031 NGN
Transaction Impact: A difference of 21,282.12 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.0517
18.2190
JanuMarcMayJulySeptNove

ARS 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 20.1142, compared to 20.2042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0900 points.

H1 Avg (Jan–Jun) 20.1142
H2 Avg (Jul–Dec) 20.2042

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 3.6209 NGN (High: 21.4627 / Low: 17.8418). On the other end, October was the most stable month, with a tight range of 0.4643 NGN (High: 20.7720 / Low: 20.3077).

August Spread (Volatile) ±3.6209
October Spread (Stable) ±0.4643

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.3204 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 20.4972) against the same month in 2016 (average: 21.7297), the exchange rate shifted by -1.2325 (-5.67%).

2017 Avg (August) 20.4972
2016 Avg (August) 21.7297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0443 19.1104 19.7071
February 20.5544 19.3641 20.2471
March 20.8327 19.6312 20.2251
April 20.8737 19.8990 20.5391
May 20.8774 19.4336 20.1913
June 21.3602 18.8884 19.7755
July 20.6019 17.2063 18.4551
August 21.4627 17.8418 20.4972
September 21.2489 20.2664 20.8156
October 20.7720 20.3077 20.5825
November 20.8542 20.1826 20.5621
December 20.9384 18.7489 20.3126