2017 BGN to NGN Historical Review

YEARLY HIGH

222.6397 NGN

YEARLY LOW

164.1902 NGN

YEARLY AVERAGE

193.2084 NGN

2017 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 222.6397. Conversely, the yearly low was recorded on January 9, dropping to 164.1902.

This high-to-low spread represents a total annual volatility of 58.4494 NGN. From a start-to-finish perspective, comparing the January average rate of 170.1701 to the December average rate of 217.8734, the exchange rate registered a net change of 28.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 222.6397 was up 10.56% compared to the 2016 peak of 201.3719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,113,198 NGN

2016 Average 727,740 NGN

Yearly Trough Low 820,951 NGN

Transaction Impact: A difference of 292,247.17 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

223.3824

165.3326

JanuMarcMayJulySeptNove

BGN 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 174.6450, compared to 211.7719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.1268 points.

H1 Avg (Jan–Jun) 174.6450

H2 Avg (Jul–Dec) 211.7719

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 31.8594 NGN (High: 222.2780 / Low: 190.4187). On the other end, December was the most stable month, with a tight range of 4.7276 NGN (High: 220.4775 / Low: 215.7499).

August Spread (Volatile) ±31.8594

December Spread (Stable) ±4.7276

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.7183 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -2.7183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 218.5450) against the same month in 2016 (average: 179.3512), the exchange rate shifted by +39.1938 (+21.85%).

2017 Avg (September) 218.5450

2016 Avg (September) 179.3512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	174.3504	164.1902	170.1701
February	174.7476	168.3420	171.5396
March	174.9356	167.9291	171.5652
April	176.3540	166.6161	172.4914
May	186.2309	175.2118	179.3072
June	204.0781	179.8228	182.7967
July	206.5531	179.5920	186.7336
August	222.2780	190.4187	215.7654
September	222.6397	214.6355	218.5450
October	218.2632	213.0299	215.8267
November	219.9204	211.3451	215.8871
December	220.4775	215.7499	217.8734