YEARLY HIGH
0.1245 NGN
YEARLY LOW
0.1009 NGN
YEARLY AVERAGE
0.1131 NGN

2017 COP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the COP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.1245. Conversely, the yearly low was recorded on July 17, dropping to 0.1009.

This high-to-low spread represents a total annual volatility of 0.0236 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1066 to the December average rate of 0.1204, the exchange rate registered a net change of 12.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1245 was up 2.81% compared to the 2016 peak of 0.1211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 622,539 NGN
2016 Average 425,175 NGN
Yearly Trough Low 504,514 NGN
Transaction Impact: A difference of 118,025.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1248
0.1025
JanuMarcMayJulySeptNove

COP 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 0.1080, compared to 0.1181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.1080
H2 Avg (Jul–Dec) 0.1181

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0178 NGN (High: 0.1240 / Low: 0.1063). On the other end, December was the most stable month, with a tight range of 0.0026 NGN (High: 0.1216 / Low: 0.1189).

August Spread (Volatile) ±0.0178
December Spread (Stable) ±0.0026

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 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.1230) against the same month in 2016 (average: 0.1072), the exchange rate shifted by +0.0158 (+14.74%).

2017 Avg (September) 0.1230
2016 Avg (September) 0.1072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1089 0.1032 0.1066
February 0.1113 0.1045 0.1096
March 0.1099 0.1046 0.1068
April 0.1114 0.1070 0.1095
May 0.1118 0.1054 0.1084
June 0.1160 0.1031 0.1075
July 0.1167 0.1009 0.1044
August 0.1240 0.1063 0.1202
September 0.1245 0.1199 0.1230
October 0.1239 0.1183 0.1215
November 0.1209 0.1162 0.1194
December 0.1216 0.1189 0.1204