2017 LVL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 LVL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the LVL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 487.1458. Conversely, the yearly low was recorded on January 9, dropping to 303.5213.
This high-to-low spread represents a total annual volatility of 183.6245 NGN. From a start-to-finish perspective, comparing the January average rate of 436.8220 to the December average rate of 359.7734, the exchange rate registered a net change of -17.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 487.1458 was down 13.11% compared to the 2016 peak of 560.6682, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LVL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
LVL 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 377.5434, compared to 351.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.7330 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 178.5700 NGN (High: 482.0912 / Low: 303.5213). 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 March and April, when the average rate fell by 145.9470 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 477.4836) against the same month in 2016 (average: 316.8480), the exchange rate shifted by +160.6356 (+50.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 482.0912 | 303.5213 | 436.8220 |
| February | 485.8617 | 313.0082 | 384.0702 |
| March | 487.1458 | 467.5880 | 477.4836 |
| April | 482.0657 | 307.7740 | 331.5365 |
| 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 |