2017 BND to NGN Historical Review

YEARLY HIGH

271.2118 NGN

YEARLY LOW

211.2734 NGN

YEARLY AVERAGE

241.9799 NGN

2017 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 271.2118. Conversely, the yearly low was recorded on January 9, dropping to 211.2734.

This high-to-low spread represents a total annual volatility of 59.9384 NGN. From a start-to-finish perspective, comparing the January average rate of 219.0617 to the December average rate of 267.2669, the exchange rate registered a net change of 22.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 271.2118 was up 5.13% compared to the 2016 peak of 257.9712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,356,059 NGN

2016 Average 933,663 NGN

Yearly Trough Low 1,056,367 NGN

Transaction Impact: A difference of 299,692.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

272.0874

214.2412

JanuMarcMayJulySeptNove

BND 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 224.6712, compared to 259.2886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.6174 points.

H1 Avg (Jan–Jun) 224.6712

H2 Avg (Jul–Dec) 259.2886

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 39.3442 NGN (High: 271.2118 / Low: 231.8676). On the other end, December was the most stable month, with a tight range of 4.0741 NGN (High: 269.3188 / Low: 265.2447).

August Spread (Volatile) ±39.3442

December Spread (Stable) ±4.0741

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 1.8012 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.8012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 262.3932) against the same month in 2016 (average: 239.2837), the exchange rate shifted by +23.1095 (+9.66%).

2017 Avg (August) 262.3932

2016 Avg (August) 239.2837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	224.0743	211.2734	219.0617
February	226.2995	215.9997	222.9765
March	226.7805	218.3612	223.3482
April	227.5125	218.7592	225.1658
May	234.8991	223.6002	227.3708
June	253.6007	225.6751	230.1041
July	256.1032	223.3183	230.9753
August	271.2118	231.8676	262.3932
September	269.8851	262.5762	265.8249
October	266.6736	261.7923	264.0237
November	268.4203	261.0168	265.2478
December	269.3188	265.2447	267.2669