2017 BIF to NGN Historical Review

YEARLY HIGH

0.2109 NGN

YEARLY LOW

0.1771 NGN

YEARLY AVERAGE

0.1935 NGN

2017 BIF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.2109. Conversely, the yearly low was recorded on July 17, dropping to 0.1771.

This high-to-low spread represents a total annual volatility of 0.0337 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1864 to the December average rate of 0.2046, the exchange rate registered a net change of 9.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2109 was up 0.78% compared to the 2016 peak of 0.2092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,054 NGN

2016 Average 792 NGN

Yearly Trough Low 886 NGN

Transaction Impact: A difference of 168.57 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2077

0.1814

JanuMarcMayJulySeptNove

BIF 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 0.1857, compared to 0.2014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.1857

H2 Avg (Jul–Dec) 0.2014

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0304 NGN (High: 0.2109 / Low: 0.1805). On the other end, November was the most stable month, with a tight range of 0.0026 NGN (High: 0.2055 / Low: 0.2029).

August Spread (Volatile) ±0.0304

November Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.2054) against the same month in 2016 (average: 0.1940), the exchange rate shifted by +0.0114 (+5.87%).

2017 Avg (August) 0.2054

2016 Avg (August) 0.1940

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1896	0.1809	0.1864
February	0.1884	0.1805	0.1862
March	0.1897	0.1789	0.1850
April	0.1871	0.1812	0.1856
May	0.1917	0.1825	0.1861
June	0.2032	0.1815	0.1846
July	0.2028	0.1771	0.1836
August	0.2109	0.1805	0.2054
September	0.2074	0.2020	0.2055
October	0.2055	0.2026	0.2048
November	0.2055	0.2029	0.2048
December	0.2055	0.2028	0.2046