2017 GNF to NGN Historical Review

YEARLY HIGH

0.0411 NGN

YEARLY LOW

0.0323 NGN

YEARLY AVERAGE

0.0366 NGN

2017 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0411. Conversely, the yearly low was recorded on January 9, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0088 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0334 to the December average rate of 0.0399, the exchange rate registered a net change of 19.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0411 was up 6.48% compared to the 2016 peak of 0.0386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 205 NGN

2016 Average 152 NGN

Yearly Trough Low 161 NGN

Transaction Impact: A difference of 44.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0407

0.0328

JanuMarcMayJulySeptNove

GNF 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 0.0341, compared to 0.0391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0341

H2 Avg (Jul–Dec) 0.0391

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0060 NGN (High: 0.0411 / Low: 0.0350). On the other end, December was the most stable month, with a tight range of 0.0003 NGN (High: 0.0401 / Low: 0.0398).

August Spread (Volatile) ±0.0060

December Spread (Stable) ±0.0003

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0400) against the same month in 2016 (average: 0.0356), the exchange rate shifted by +0.0043 (+12.12%).

2017 Avg (August) 0.0400

2016 Avg (August) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0343	0.0323	0.0334
February	0.0343	0.0328	0.0336
March	0.0343	0.0326	0.0336
April	0.0347	0.0329	0.0340
May	0.0358	0.0338	0.0346
June	0.0386	0.0343	0.0351
July	0.0390	0.0340	0.0352
August	0.0411	0.0350	0.0400
September	0.0405	0.0394	0.0400
October	0.0403	0.0398	0.0400
November	0.0402	0.0395	0.0399
December	0.0401	0.0398	0.0399