2017 CDF to NGN Historical Review

YEARLY HIGH

0.2709 NGN

YEARLY LOW

0.1883 NGN

YEARLY AVERAGE

0.2298 NGN

2017 CDF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CDF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2709. Conversely, the yearly low was recorded on July 29, dropping to 0.1883.

This high-to-low spread represents a total annual volatility of 0.0825 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2581 to the December average rate of 0.2280, the exchange rate registered a net change of -11.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2709 was down 23.55% compared to the 2016 peak of 0.3543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,354 NGN

2016 Average 1,325 NGN

Yearly Trough Low 942 NGN

Transaction Impact: A difference of 412.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2635

0.1985

JanuMarcMayJulySeptNove

CDF 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 0.2356, compared to 0.2240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.2356

H2 Avg (Jul–Dec) 0.2240

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0424 NGN (High: 0.2346 / Low: 0.1921). On the other end, October was the most stable month, with a tight range of 0.0028 NGN (High: 0.2303 / Low: 0.2275).

August Spread (Volatile) ±0.0424

October Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0151 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2581) against the same month in 2016 (average: 0.2148), the exchange rate shifted by +0.0433 (+20.15%).

2017 Avg (January) 0.2581

2016 Avg (January) 0.2148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2709	0.2461	0.2581
February	0.2519	0.2414	0.2477
March	0.2433	0.2284	0.2360
April	0.2336	0.2246	0.2288
May	0.2301	0.2197	0.2242
June	0.2348	0.2113	0.2190
July	0.2292	0.1883	0.2039
August	0.2346	0.1921	0.2243
September	0.2325	0.2268	0.2299
October	0.2303	0.2275	0.2292
November	0.2311	0.2272	0.2288
December	0.2304	0.2248	0.2280