YEARLY HIGH
298.2247 NGN
YEARLY LOW
229.1696 NGN
YEARLY AVERAGE
257.6880 NGN

2017 CAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 298.2247. Conversely, the yearly low was recorded on January 1, dropping to 229.1696.

This high-to-low spread represents a total annual volatility of 69.0552 NGN. From a start-to-finish perspective, comparing the January average rate of 236.9871 to the December average rate of 282.0244, the exchange rate registered a net change of 19.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 298.2247 was up 10.79% compared to the 2016 peak of 269.1857, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,491,124 NGN
2016 Average 973,899 NGN
Yearly Trough Low 1,145,848 NGN
Transaction Impact: A difference of 345,275.88 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

297.6197
227.3366
JanuMarcMayJulySeptNove

CAD 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 236.4812, compared to 278.8947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.4135 points.

H1 Avg (Jan–Jun) 236.4812
H2 Avg (Jul–Dec) 278.8947

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 41.0733 NGN (High: 291.6838 / Low: 250.6105). On the other end, November was the most stable month, with a tight range of 7.2088 NGN (High: 283.7405 / Low: 276.5317).

August Spread (Volatile) ±41.0733
November Spread (Stable) ±7.2088

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 6.5867 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.5867

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 291.7628) against the same month in 2016 (average: 239.0828), the exchange rate shifted by +52.6800 (+22.03%).

2017 Avg (September) 291.7628
2016 Avg (September) 239.0828

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 242.6657 229.1696 236.9871
February 243.3041 234.3875 240.5795
March 238.7819 229.4410 234.5081
April 238.4004 229.5410 234.4092
May 242.2779 229.7434 233.1936
June 268.8055 232.0324 239.2100
July 278.1419 240.8803 249.3845
August 291.6838 250.6105 283.2268
September 298.2247 286.3620 291.7628
October 289.0738 279.0121 285.1761
November 283.7405 276.5317 281.7939
December 286.1867 278.3278 282.0244