2017 JOD to NGN Historical Review

YEARLY HIGH

520.5576 NGN

YEARLY LOW

428.3998 NGN

YEARLY AVERAGE

470.4320 NGN

2017 JOD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 520.5576. Conversely, the yearly low was recorded on January 9, dropping to 428.3998.

This high-to-low spread represents a total annual volatility of 92.1578 NGN. From a start-to-finish perspective, comparing the January average rate of 441.9077 to the December average rate of 507.2635, the exchange rate registered a net change of 14.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 520.5576 was up 5.93% compared to the 2016 peak of 491.4185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,602,788 NGN

2016 Average 1,818,385 NGN

Yearly Trough Low 2,141,999 NGN

Transaction Impact: A difference of 460,788.92 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

513.7990

435.3721

JanuMarcMayJulySeptNove

JOD 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 444.7414, compared to 496.1225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.3811 points.

H1 Avg (Jan–Jun) 444.7414

H2 Avg (Jul–Dec) 496.1225

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 76.0995 NGN (High: 520.5576 / Low: 444.4581). On the other end, December was the most stable month, with a tight range of 4.5425 NGN (High: 509.2820 / Low: 504.7394).

August Spread (Volatile) ±76.0995

December Spread (Stable) ±4.5425

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 2.2712 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.2712

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 503.6579) against the same month in 2016 (average: 455.0966), the exchange rate shifted by +48.5613 (+10.67%).

2017 Avg (August) 503.6579

2016 Avg (August) 455.0966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	448.1299	428.3998	441.9077
February	448.0666	431.6671	444.8998
March	449.2243	431.6789	442.6286
April	447.4963	433.6042	444.0408
May	458.1691	441.1043	446.6474
June	493.6585	440.8535	448.3239
July	493.4493	431.4587	446.1761
August	520.5576	444.4581	503.6579
September	509.6996	499.9993	506.0205
October	508.7158	502.1149	506.5951
November	510.9775	502.1149	507.0222
December	509.2820	504.7394	507.2635