YEARLY HIGH
0.9388 NGN
YEARLY LOW
0.6492 NGN
YEARLY AVERAGE
0.7677 NGN

2017 KMF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KMF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.9388. Conversely, the yearly low was recorded on January 9, dropping to 0.6492.

This high-to-low spread represents a total annual volatility of 0.2895 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6766 to the December average rate of 0.8650, the exchange rate registered a net change of 27.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9388 was up 19.56% compared to the 2016 peak of 0.7852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,694 NGN
2016 Average 2,900 NGN
Yearly Trough Low 3,246 NGN
Transaction Impact: A difference of 1,447.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8868
0.6575
JanuMarcMayJulySeptNove

KMF 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 0.6937, compared to 0.8417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1479 points.

H1 Avg (Jan–Jun) 0.6937
H2 Avg (Jul–Dec) 0.8417

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1822 NGN (High: 0.9388 / Low: 0.7566). On the other end, December was the most stable month, with a tight range of 0.0170 NGN (High: 0.8747 / Low: 0.8577).

August Spread (Volatile) ±0.1822
December Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0096 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.8616) against the same month in 2016 (average: 0.7267), the exchange rate shifted by +0.1348 (+18.55%).

2017 Avg (August) 0.8616
2016 Avg (August) 0.7267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6918 0.6492 0.6766
February 0.6927 0.6689 0.6816
March 0.6948 0.6682 0.6815
April 0.7011 0.6620 0.6849
May 0.7394 0.6958 0.7120
June 0.8101 0.7136 0.7258
July 0.8229 0.7129 0.7412
August 0.9388 0.7566 0.8616
September 0.8839 0.8521 0.8677
October 0.8673 0.8453 0.8580
November 0.8747 0.8388 0.8567
December 0.8747 0.8577 0.8650