YEARLY HIGH
103.8245 NGN
YEARLY LOW
78.9714 NGN
YEARLY AVERAGE
92.8968 NGN

2017 ILS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 103.8245. Conversely, the yearly low was recorded on January 9, dropping to 78.9714.

This high-to-low spread represents a total annual volatility of 24.8532 NGN. From a start-to-finish perspective, comparing the January average rate of 82.0540 to the December average rate of 102.7878, the exchange rate registered a net change of 25.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 103.8245 was up 12.63% compared to the 2016 peak of 92.1856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 519,123 NGN
2016 Average 336,077 NGN
Yearly Trough Low 394,857 NGN
Transaction Impact: A difference of 124,265.92 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

104.8612
79.9806
JanuMarcMayJulySeptNove

ILS 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 86.2424, compared to 99.5513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.3089 points.

H1 Avg (Jan–Jun) 86.2424
H2 Avg (Jul–Dec) 99.5513

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 14.7235 NGN (High: 102.2837 / Low: 87.5602). On the other end, October was the most stable month, with a tight range of 1.9705 NGN (High: 103.2987 / Low: 101.3281).

August Spread (Volatile) ±14.7235
October Spread (Stable) ±1.9705

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.9215 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 102.7878) against the same month in 2016 (average: 82.1662), the exchange rate shifted by +20.6216 (+25.10%).

2017 Avg (December) 102.7878
2016 Avg (December) 82.1662

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 83.7637 78.9714 82.0540
February 86.8056 81.0484 84.6743
March 87.4885 84.1370 85.9037
April 87.4306 84.2995 86.3491
May 91.2847 86.8285 88.3042
June 100.0435 88.2516 90.1689
July 98.7344 85.4964 89.2474
August 102.2837 87.5602 99.1559
September 102.9935 99.9809 101.5978
October 103.2987 101.3281 102.3146
November 103.0759 100.8686 102.2041
December 103.8245 101.6612 102.7878