YEARLY HIGH
1.7764 NGN
YEARLY LOW
1.4636 NGN
YEARLY AVERAGE
1.6087 NGN

2017 GYD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GYD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1.7764. Conversely, the yearly low was recorded on January 7, dropping to 1.4636.

This high-to-low spread represents a total annual volatility of 0.3128 NGN. From a start-to-finish perspective, comparing the January average rate of 1.5095 to the December average rate of 1.7390, the exchange rate registered a net change of 15.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7764 was up 4.99% compared to the 2016 peak of 1.6920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,882 NGN
2016 Average 6,259 NGN
Yearly Trough Low 7,318 NGN
Transaction Impact: A difference of 1,564.01 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7620
1.4866
JanuMarcMayJulySeptNove

GYD 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 1.5207, compared to 1.6967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1760 points.

H1 Avg (Jan–Jun) 1.5207
H2 Avg (Jul–Dec) 1.6967

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2560 NGN (High: 1.7764 / Low: 1.5204). On the other end, December was the most stable month, with a tight range of 0.0227 NGN (High: 1.7484 / Low: 1.7256).

August Spread (Volatile) ±0.2560
December Spread (Stable) ±0.0227

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 February and March, when the average rate fell by 0.0087 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.7224) against the same month in 2016 (average: 1.5673), the exchange rate shifted by +0.1552 (+9.90%).

2017 Avg (August) 1.7224
2016 Avg (August) 1.5673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5375 1.4636 1.5095
February 1.5373 1.4721 1.5209
March 1.5442 1.4736 1.5123
April 1.5389 1.4762 1.5171
May 1.5737 1.5111 1.5312
June 1.6880 1.5049 1.5331
July 1.6835 1.4731 1.5281
August 1.7764 1.5204 1.7224
September 1.7407 1.6944 1.7257
October 1.7478 1.7185 1.7317
November 1.7569 1.7101 1.7332
December 1.7484 1.7256 1.7390