YEARLY HIGH
2.0627 NGN
YEARLY LOW
1.6964 NGN
YEARLY AVERAGE
1.8660 NGN

2017 DJF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the DJF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.0627. Conversely, the yearly low was recorded on January 9, dropping to 1.6964.

This high-to-low spread represents a total annual volatility of 0.3663 NGN. From a start-to-finish perspective, comparing the January average rate of 1.7520 to the December average rate of 2.0126, the exchange rate registered a net change of 14.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0627 was up 5.17% compared to the 2016 peak of 1.9614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,314 NGN
2016 Average 7,250 NGN
Yearly Trough Low 8,482 NGN
Transaction Impact: A difference of 1,831.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0387
1.7260
JanuMarcMayJulySeptNove

DJF 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 1.7638, compared to 1.9683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2044 points.

H1 Avg (Jan–Jun) 1.7638
H2 Avg (Jul–Dec) 1.9683

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.3004 NGN (High: 2.0627 / Low: 1.7623). On the other end, December was the most stable month, with a tight range of 0.0167 NGN (High: 2.0195 / Low: 2.0028).

August Spread (Volatile) ±0.3004
December Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.9999) against the same month in 2016 (average: 1.8178), the exchange rate shifted by +0.1821 (+10.02%).

2017 Avg (August) 1.9999
2016 Avg (August) 1.8178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7754 1.6964 1.7520
February 1.7740 1.7090 1.7620
March 1.7806 1.7114 1.7543
April 1.7745 1.7197 1.7617
May 1.8199 1.7518 1.7726
June 1.9606 1.7489 1.7804
July 1.9606 1.7089 1.7717
August 2.0627 1.7623 1.9999
September 2.0220 1.9852 2.0067
October 2.0170 1.9892 2.0086
November 2.0243 1.9892 2.0099
December 2.0195 2.0028 2.0126