2017 BMD to NGN Historical Review

YEARLY HIGH

369.0238 NGN

YEARLY LOW

303.5213 NGN

YEARLY AVERAGE

333.6183 NGN

2017 BMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 369.0238. Conversely, the yearly low was recorded on January 9, dropping to 303.5213.

This high-to-low spread represents a total annual volatility of 65.5025 NGN. From a start-to-finish perspective, comparing the January average rate of 313.0985 to the December average rate of 359.7734, the exchange rate registered a net change of 14.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 369.0238 was up 6.04% compared to the 2016 peak of 348.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,845,119 NGN

2016 Average 1,288,313 NGN

Yearly Trough Low 1,517,606 NGN

Transaction Impact: A difference of 327,512.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

364.4408

308.4310

JanuMarcMayJulySeptNove

BMD 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 315.4263, compared to 351.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.3841 points.

H1 Avg (Jan–Jun) 315.4263

H2 Avg (Jul–Dec) 351.8104

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 53.9470 NGN (High: 369.0238 / Low: 315.0768). On the other end, December was the most stable month, with a tight range of 2.6455 NGN (High: 361.0814 / Low: 358.4359).

August Spread (Volatile) ±53.9470

December Spread (Stable) ±2.6455

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 1.6702 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.6702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 357.0200) against the same month in 2016 (average: 322.4205), the exchange rate shifted by +34.5995 (+10.73%).

2017 Avg (August) 357.0200

2016 Avg (August) 322.4205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	317.5000	303.5213	313.0985
February	317.5000	305.8361	315.2476
March	318.5000	305.9550	313.8485
April	317.5000	307.7740	315.0148
May	325.3482	313.5150	317.0288
June	350.5000	312.9955	318.3194
July	350.5000	305.8361	316.6492
August	369.0238	315.0768	357.0200
September	361.4800	354.5000	358.6914
October	360.6800	356.0000	359.2290
November	362.2836	356.0000	359.4996
December	361.0814	358.4359	359.7734