YEARLY HIGH
205.5558 NGN
YEARLY LOW
168.5995 NGN
YEARLY AVERAGE
185.8534 NGN

2017 AWG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AWG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 205.5558. Conversely, the yearly low was recorded on January 9, dropping to 168.5995.

This high-to-low spread represents a total annual volatility of 36.9563 NGN. From a start-to-finish perspective, comparing the January average rate of 174.0718 to the December average rate of 201.1783, the exchange rate registered a net change of 15.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 205.5558 was up 5.93% compared to the 2016 peak of 194.0521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,027,779 NGN
2016 Average 718,404 NGN
Yearly Trough Low 842,998 NGN
Transaction Impact: A difference of 184,781.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

203.8889
171.3611
JanuMarcMayJulySeptNove

AWG 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 175.2909, compared to 196.4159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.1250 points.

H1 Avg (Jan–Jun) 175.2909
H2 Avg (Jul–Dec) 196.4159

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 30.0748 NGN (High: 205.5558 / Low: 175.4810). On the other end, December was the most stable month, with a tight range of 1.8349 NGN (High: 202.0790 / Low: 200.2441).

August Spread (Volatile) ±30.0748
December Spread (Stable) ±1.8349

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 0.7662 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 199.2888) against the same month in 2016 (average: 179.8040), the exchange rate shifted by +19.4848 (+10.84%).

2017 Avg (August) 199.2888
2016 Avg (August) 179.8040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 176.3645 168.5995 174.0718
February 176.3393 169.8855 175.0969
March 176.9448 169.9515 174.3496
April 176.3893 170.9859 174.9792
May 180.7494 173.9823 176.0736
June 195.2651 173.8375 177.1741
July 195.8106 170.3348 176.4079
August 205.5558 175.4810 199.2888
September 201.2136 197.4935 199.8022
October 201.4978 198.8270 200.6462
November 202.7610 198.8270 201.1718
December 202.0790 200.2441 201.1783