2017 HKD to NGN Historical Review

YEARLY HIGH

47.1942 NGN

YEARLY LOW

39.1315 NGN

YEARLY AVERAGE

42.8078 NGN

2017 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 47.1942. Conversely, the yearly low was recorded on January 9, dropping to 39.1315.

This high-to-low spread represents a total annual volatility of 8.0628 NGN. From a start-to-finish perspective, comparing the January average rate of 40.3659 to the December average rate of 46.0507, the exchange rate registered a net change of 14.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 47.1942 was up 5.15% compared to the 2016 peak of 44.8830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,179,856 NGN

2016 Average 829,983 NGN

Yearly Trough Low 978,287 NGN

Transaction Impact: A difference of 201,569.21 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

46.6268

39.7967

JanuMarcMayJulySeptNove

HKD 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 40.5771, compared to 45.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4615 points.

H1 Avg (Jan–Jun) 40.5771

H2 Avg (Jul–Dec) 45.0386

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 6.8894 NGN (High: 47.1942 / Low: 40.3048). On the other end, December was the most stable month, with a tight range of 0.4112 NGN (High: 46.2344 / Low: 45.8232).

August Spread (Volatile) ±6.8894

December Spread (Stable) ±0.4112

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2700 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 45.6478) against the same month in 2016 (average: 41.5717), the exchange rate shifted by +4.0762 (+9.81%).

2017 Avg (August) 45.6478

2016 Avg (August) 41.5717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.9284	39.1315	40.3659
February	40.9250	39.4147	40.6262
March	41.0274	39.4155	40.4158
April	40.8686	39.6160	40.5228
May	41.7410	40.2764	40.7113
June	44.9116	40.1263	40.8204
July	44.8874	39.1929	40.5504
August	47.1942	40.3048	45.6478
September	46.2728	45.4216	45.9012
October	46.2258	45.6080	46.0240
November	46.4072	45.6308	46.0576
December	46.2344	45.8232	46.0507