2017 BOB to NGN Historical Review

YEARLY HIGH

52.5349 NGN

YEARLY LOW

43.9086 NGN

YEARLY AVERAGE

48.0880 NGN

2017 BOB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 52.5349. Conversely, the yearly low was recorded on January 7, dropping to 43.9086.

This high-to-low spread represents a total annual volatility of 8.6263 NGN. From a start-to-finish perspective, comparing the January average rate of 45.2516 to the December average rate of 52.0427, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 52.5349 was up 4.31% compared to the 2016 peak of 50.3651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262,675 NGN

2016 Average 186,664 NGN

Yearly Trough Low 219,543 NGN

Transaction Impact: A difference of 43,131.49 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

52.7218

44.5725

JanuMarcMayJulySeptNove

BOB 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 45.5119, compared to 50.6641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1523 points.

H1 Avg (Jan–Jun) 45.5119

H2 Avg (Jul–Dec) 50.6641

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 7.3306 NGN (High: 52.5349 / Low: 45.2043). On the other end, December was the most stable month, with a tight range of 0.7146 NGN (High: 52.5017 / Low: 51.7871).

August Spread (Volatile) ±7.3306

December Spread (Stable) ±0.7146

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 51.2868) against the same month in 2016 (average: 46.6063), the exchange rate shifted by +4.6805 (+10.04%).

2017 Avg (August) 51.2868

2016 Avg (August) 46.6063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.7614	43.9086	45.2516
February	45.9565	43.9802	45.5539
March	46.3276	44.1632	45.3297
April	45.8054	44.2468	45.4166
May	46.8757	45.2133	45.6528
June	50.5181	45.2648	45.8665
July	50.5788	43.9131	45.5518
August	52.5349	45.2043	51.2868
September	51.9021	50.4790	51.3756
October	52.1535	51.2081	51.9465
November	52.1152	51.3142	51.7814
December	52.5017	51.7871	52.0427