YEARLY HIGH
218.9532 NGN
YEARLY LOW
156.0375 NGN
YEARLY AVERAGE
194.2489 NGN

2017 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 218.9532. Conversely, the yearly low was recorded on January 31, dropping to 156.0375.

This high-to-low spread represents a total annual volatility of 62.9157 NGN. From a start-to-finish perspective, comparing the January average rate of 169.0098 to the December average rate of 211.9873, the exchange rate registered a net change of 25.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 218.9532 was up 2.45% compared to the 2016 peak of 213.7198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,094,766 NGN
2016 Average 799,299 NGN
Yearly Trough Low 780,187 NGN
Transaction Impact: A difference of 314,578.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

216.2850
164.7120
JanuMarcMayJulySeptNove

AZN 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 180.9305, compared to 207.5672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.6367 points.

H1 Avg (Jan–Jun) 180.9305
H2 Avg (Jul–Dec) 207.5672

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 32.0084 NGN (High: 218.9532 / Low: 186.9448). On the other end, October was the most stable month, with a tight range of 2.7692 NGN (High: 213.4201 / Low: 210.6509).

August Spread (Volatile) ±32.0084
October Spread (Stable) ±2.7692

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.3258 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 210.8074) against the same month in 2016 (average: 198.4859), the exchange rate shifted by +12.3215 (+6.21%).

2017 Avg (August) 210.8074
2016 Avg (August) 198.4859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 175.5989 156.0375 169.0098
February 179.3350 156.7024 172.8250
March 185.9238 174.6255 180.8104
April 190.1198 182.6552 186.8772
May 192.5137 184.6912 188.1410
June 206.1765 184.1225 187.9198
July 207.9070 180.1477 187.6136
August 218.9532 186.9448 210.8074
September 214.1025 208.5294 211.4171
October 213.4201 210.6509 211.9518
November 213.2962 209.5967 211.6260
December 213.7021 210.8750 211.9873