2017 BBD to NGN Historical Review

YEARLY HIGH

184.5119 NGN

YEARLY LOW

152.2507 NGN

YEARLY AVERAGE

166.8096 NGN

2017 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 184.5119. Conversely, the yearly low was recorded on February 1, dropping to 152.2507.

This high-to-low spread represents a total annual volatility of 32.2612 NGN. From a start-to-finish perspective, comparing the January average rate of 156.5176 to the December average rate of 179.8867, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 184.5119 was up 6.04% compared to the 2016 peak of 174.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 922,559 NGN

2016 Average 644,064 NGN

Yearly Trough Low 761,253 NGN

Transaction Impact: A difference of 161,306.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

182.2236

154.1807

JanuMarcMayJulySeptNove

BBD 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 157.7139, compared to 175.9052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1913 points.

H1 Avg (Jan–Jun) 157.7139

H2 Avg (Jul–Dec) 175.9052

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 26.9735 NGN (High: 184.5119 / Low: 157.5384). On the other end, December was the most stable month, with a tight range of 1.3228 NGN (High: 180.5407 / Low: 179.2180).

August Spread (Volatile) ±26.9735

December Spread (Stable) ±1.3228

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 0.8351 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 178.5100) against the same month in 2016 (average: 161.2103), the exchange rate shifted by +17.2997 (+10.73%).

2017 Avg (August) 178.5100

2016 Avg (August) 161.2103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	158.4328	152.4338	156.5176
February	158.7500	152.2507	157.6601
March	159.2500	152.9775	156.9242
April	158.7500	153.8870	157.5074
May	162.6741	156.7575	158.5144
June	175.2500	156.4977	159.1597
July	175.2500	152.9181	158.3246
August	184.5119	157.5384	178.5100
September	180.7400	177.2500	179.3457
October	180.3400	178.0000	179.6145
November	181.1418	178.0000	179.7498
December	180.5407	179.2180	179.8867