2017 LTL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 LTL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the LTL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 369.0238. Conversely, the yearly low was recorded on January 6, dropping to 93.3198.
This high-to-low spread represents a total annual volatility of 275.7040 NGN. From a start-to-finish perspective, comparing the January average rate of 145.2711 to the December average rate of 359.7734, the exchange rate registered a net change of 147.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 369.0238 was up 220.87% compared to the 2016 peak of 115.0074, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LTL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
LTL to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 232.1181, compared to 351.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 119.6923 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 224.1802 NGN (High: 317.5000 / Low: 93.3198). On the other end, December was the most stable month, with a tight range of 2.6455 NGN (High: 361.0814 / Low: 358.4359).
Growth Streaks & Declines
TrendsBetween 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 124.4399 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 357.0200) against the same month in 2016 (average: 105.5874), the exchange rate shifted by +251.4326 (+238.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 317.5000 | 93.3198 | 145.2711 |
| February | 317.5000 | 95.1600 | 221.6298 |
| March | 99.1562 | 95.1759 | 97.1899 |
| April | 317.5000 | 97.3940 | 293.2697 |
| May | 325.3482 | 313.5150 | 317.0288 |
| June | 350.5000 | 312.9955 | 318.3194 |
| July | 350.5000 | 305.8361 | 316.6492 |
| August | 369.0238 | 315.0768 | 357.0200 |
| September | 361.4800 | 354.5000 | 358.6914 |
| October | 360.6800 | 356.0000 | 359.2290 |
| November | 362.2836 | 356.0000 | 359.4996 |
| December | 361.0814 | 358.4359 | 359.7734 |