YEARLY HIGH
369.0238 NGN
YEARLY LOW
93.3198 NGN
YEARLY AVERAGE
291.9642 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,845,119 NGN
2016 Average 416,713 NGN
Yearly Trough Low 466,599 NGN
Transaction Impact: A difference of 1,378,519.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

386.0317
70.9315
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 232.1181
H2 Avg (Jul–Dec) 351.8104

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±224.1802
December Spread (Stable) ±2.6455

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 124.4399 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -124.4399

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (August) 357.0200
2016 Avg (August) 105.5874

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