2017 HNL to NGN Historical Review

YEARLY HIGH

15.7808 NGN

YEARLY LOW

12.9320 NGN

YEARLY AVERAGE

14.2142 NGN

2017 HNL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 15.7808. Conversely, the yearly low was recorded on January 31, dropping to 12.9320.

This high-to-low spread represents a total annual volatility of 2.8487 NGN. From a start-to-finish perspective, comparing the January average rate of 13.4113 to the December average rate of 15.2211, the exchange rate registered a net change of 13.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 15.7808 was up 3.63% compared to the 2016 peak of 15.2285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,904 NGN

2016 Average 56,497 NGN

Yearly Trough Low 64,660 NGN

Transaction Impact: A difference of 14,243.57 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

15.5005

13.1656

JanuMarcMayJulySeptNove

HNL 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 13.4506, compared to 14.9777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5271 points.

H1 Avg (Jan–Jun) 13.4506

H2 Avg (Jul–Dec) 14.9777

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 2.3272 NGN (High: 15.7808 / Low: 13.4535). On the other end, December was the most stable month, with a tight range of 0.1023 NGN (High: 15.2850 / Low: 15.1827).

August Spread (Volatile) ±2.3272

December Spread (Stable) ±0.1023

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0614 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 15.2948) against the same month in 2016 (average: 14.1064), the exchange rate shifted by +1.1884 (+8.42%).

2017 Avg (August) 15.2948

2016 Avg (August) 14.1064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8933	12.9320	13.4113
February	13.5696	12.9472	13.3886
March	13.6774	13.0012	13.3602
April	13.5404	13.0925	13.4385
May	13.8648	13.3674	13.5172
June	15.0044	13.3581	13.5881
July	14.9368	13.0594	13.5310
August	15.7808	13.4535	15.2948
September	15.4354	15.0527	15.3059
October	15.3915	15.1886	15.2874
November	15.3532	15.0414	15.2260
December	15.2850	15.1827	15.2211