2017 AUD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 AUD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the AUD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 292.6178. Conversely, the yearly low was recorded on January 1, dropping to 222.2591.
This high-to-low spread represents a total annual volatility of 70.3587 NGN. From a start-to-finish perspective, comparing the January average rate of 233.4951 to the December average rate of 275.2974, the exchange rate registered a net change of 17.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 292.6178 was up 10.19% compared to the 2016 peak of 265.5651, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
AUD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 238.0053, compared to 274.1242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1189 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 41.9525 NGN (High: 292.6178 / Low: 250.6653). On the other end, November was the most stable month, with a tight range of 6.4951 NGN (High: 277.5348 / Low: 271.0397).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 6.0474 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 282.5819) against the same month in 2016 (average: 245.7330), the exchange rate shifted by +36.8490 (+15.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 241.0321 | 222.2591 | 233.4951 |
| February | 244.0004 | 231.9251 | 241.6983 |
| March | 244.6644 | 235.2211 | 239.2246 |
| April | 241.3168 | 230.8320 | 237.5266 |
| May | 243.6362 | 231.6043 | 235.6282 |
| June | 267.6576 | 232.5110 | 240.4592 |
| July | 278.9892 | 238.2263 | 247.0901 |
| August | 292.6178 | 250.6653 | 282.5819 |
| September | 291.3599 | 280.3641 | 285.8912 |
| October | 284.2204 | 274.6933 | 279.8438 |
| November | 277.5348 | 271.0397 | 274.0408 |
| December | 280.5097 | 269.4262 | 275.2974 |