2017 IRR to NGN Historical Review

YEARLY HIGH

0.0113 NGN

YEARLY LOW

0.0094 NGN

YEARLY AVERAGE

0.0101 NGN

2017 IRR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IRR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0113. Conversely, the yearly low was recorded on July 29, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0019 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0099 to the December average rate of 0.0102, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0113 was down 2.58% compared to the 2016 peak of 0.0116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 NGN

2016 Average 43 NGN

Yearly Trough Low 47 NGN

Transaction Impact: A difference of 9.55 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0110

0.0096

JanuMarcMayJulySeptNove

IRR 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 0.0098, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0016 NGN (High: 0.0113 / Low: 0.0096). On the other end, November was the most stable month, with a tight range of 0.0002 NGN (High: 0.0104 / Low: 0.0103).

August Spread (Volatile) ±0.0016

November Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0109) against the same month in 2016 (average: 0.0107), the exchange rate shifted by +0.0001 (+1.35%).

2017 Avg (August) 0.0109

2016 Avg (August) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0105	0.0094	0.0099
February	0.0098	0.0094	0.0097
March	0.0098	0.0094	0.0097
April	0.0098	0.0095	0.0097
May	0.0100	0.0097	0.0098
June	0.0108	0.0096	0.0098
July	0.0107	0.0094	0.0097
August	0.0113	0.0096	0.0109
September	0.0109	0.0106	0.0108
October	0.0107	0.0104	0.0106
November	0.0104	0.0103	0.0104
December	0.0104	0.0101	0.0102