2017 EGP to NGN Historical Review

YEARLY HIGH

20.7661 NGN

YEARLY LOW

16.2320 NGN

YEARLY AVERAGE

18.7375 NGN

2017 EGP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 20.7661. Conversely, the yearly low was recorded on January 31, dropping to 16.2320.

This high-to-low spread represents a total annual volatility of 4.5341 NGN. From a start-to-finish perspective, comparing the January average rate of 16.8127 to the December average rate of 20.1977, the exchange rate registered a net change of 20.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.7661 was down 47.02% compared to the 2016 peak of 39.1961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,830 NGN

2016 Average 134,550 NGN

Yearly Trough Low 81,160 NGN

Transaction Impact: A difference of 22,670.45 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.7115

16.4583

JanuMarcMayJulySeptNove

EGP 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 17.6382, compared to 19.8369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1988 points.

H1 Avg (Jan–Jun) 17.6382

H2 Avg (Jul–Dec) 19.8369

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 3.8514 NGN (High: 20.0839 / Low: 16.2325). On the other end, October was the most stable month, with a tight range of 0.2589 NGN (High: 20.4635 / Low: 20.2046).

February Spread (Volatile) ±3.8514

October Spread (Stable) ±0.2589

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8244 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.8244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 20.1159) against the same month in 2016 (average: 36.3235), the exchange rate shifted by -16.2076 (-44.62%).

2017 Avg (August) 20.1159

2016 Avg (August) 36.3235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6248	16.2320	16.8127
February	20.0839	16.2325	18.6516
March	19.7281	16.8530	17.8273
April	17.6399	17.0995	17.4318
May	17.9807	17.3238	17.5259
June	19.3433	17.2523	17.5797
July	19.5557	17.0482	17.6744
August	20.7661	17.6504	20.1159
September	20.4944	20.0935	20.3269
October	20.4635	20.2046	20.3570
November	20.5167	20.1671	20.3497
December	20.3757	20.0512	20.1977