2017 EUR to NGN Historical Review

YEARLY HIGH

435.1134 NGN

YEARLY LOW

321.2773 NGN

YEARLY AVERAGE

377.9042 NGN

2017 EUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 435.1134. Conversely, the yearly low was recorded on January 9, dropping to 321.2773.

This high-to-low spread represents a total annual volatility of 113.8361 NGN. From a start-to-finish perspective, comparing the January average rate of 332.9083 to the December average rate of 426.0483, the exchange rate registered a net change of 27.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 435.1134 was up 10.46% compared to the 2016 peak of 393.9102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,175,567 NGN

2016 Average 1,423,342 NGN

Yearly Trough Low 1,606,386 NGN

Transaction Impact: A difference of 569,180.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

436.8046

323.4632

JanuMarcMayJulySeptNove

EUR 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 341.6405, compared to 414.1678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 72.5273 points.

H1 Avg (Jan–Jun) 341.6405

H2 Avg (Jul–Dec) 414.1678

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 61.8626 NGN (High: 434.4886 / Low: 372.6260). On the other end, December was the most stable month, with a tight range of 8.9238 NGN (High: 431.1338 / Low: 422.2100).

August Spread (Volatile) ±61.8626

December Spread (Stable) ±8.9238

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 5.2080 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -5.2080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 427.3595) against the same month in 2016 (average: 350.8715), the exchange rate shifted by +76.4880 (+21.80%).

2017 Avg (September) 427.3595

2016 Avg (September) 350.8715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	340.6272	321.2773	332.9083
February	341.1078	329.3586	335.4742
March	342.6977	328.6676	335.7030
April	345.2559	325.9634	337.5679
May	364.9783	342.7438	350.6876
June	398.8325	351.7622	357.5022
July	404.0812	350.8933	365.2445
August	434.4886	372.6260	421.9807
September	435.1134	419.4982	427.3595
October	426.7291	416.5611	422.1515
November	429.8203	413.3613	422.2223
December	431.1338	422.2100	426.0483