2017 BRL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BRL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BRL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 117.8256. Conversely, the yearly low was recorded on June 25, dropping to 94.0656.
This high-to-low spread represents a total annual volatility of 23.7600 NGN. From a start-to-finish perspective, comparing the January average rate of 97.9544 to the December average rate of 109.1177, the exchange rate registered a net change of 11.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 117.8256 was up 8.42% compared to the 2016 peak of 108.6716, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BRL to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 99.2939, compared to 109.7657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.4717 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 16.9089 NGN (High: 117.8256 / Low: 100.9167). On the other end, April was the most stable month, with a tight range of 3.6891 NGN (High: 101.5256 / Low: 97.8365).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 2.4729 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 113.2029) against the same month in 2016 (average: 100.5014), the exchange rate shifted by +12.7016 (+12.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 100.6191 | 94.6692 | 97.9544 |
| February | 103.2610 | 97.7268 | 101.5207 |
| March | 102.5442 | 98.0330 | 100.4833 |
| April | 101.5256 | 97.8365 | 100.2757 |
| May | 104.2562 | 94.7931 | 98.9321 |
| June | 106.8272 | 94.0656 | 96.5974 |
| July | 111.2910 | 94.9273 | 98.9122 |
| August | 117.8256 | 100.9167 | 113.2029 |
| September | 117.1051 | 111.9401 | 114.5616 |
| October | 114.5246 | 108.9752 | 112.6362 |
| November | 112.3834 | 107.8484 | 110.1632 |
| December | 111.3794 | 107.4576 | 109.1177 |