2017 MDL to NGN Historical Review

YEARLY HIGH

21.1285 NGN

YEARLY LOW

15.1244 NGN

YEARLY AVERAGE

18.1808 NGN

2017 MDL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 21.1285. Conversely, the yearly low was recorded on January 9, dropping to 15.1244.

This high-to-low spread represents a total annual volatility of 6.0041 NGN. From a start-to-finish perspective, comparing the January average rate of 15.6073 to the December average rate of 20.9435, the exchange rate registered a net change of 34.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 21.1285 was up 19.49% compared to the 2016 peak of 17.6825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,643 NGN

2016 Average 64,804 NGN

Yearly Trough Low 75,622 NGN

Transaction Impact: A difference of 30,020.69 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.4771

15.0737

JanuMarcMayJulySeptNove

MDL 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 16.3756, compared to 19.9859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6102 points.

H1 Avg (Jan–Jun) 16.3756

H2 Avg (Jul–Dec) 19.9859

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 3.0754 NGN (High: 20.6154 / Low: 17.5400). On the other end, December was the most stable month, with a tight range of 0.3466 NGN (High: 21.1285 / Low: 20.7820).

August Spread (Volatile) ±3.0754

December Spread (Stable) ±0.3466

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0590 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 20.9435) against the same month in 2016 (average: 15.6480), the exchange rate shifted by +5.2955 (+33.84%).

2017 Avg (December) 20.9435

2016 Avg (December) 15.6480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.8210	15.1244	15.6073
February	15.9543	15.3804	15.8092
March	16.3139	15.5868	15.9476
April	16.4421	15.8305	16.3057
May	17.8481	16.4063	17.0993
June	19.3421	17.1780	17.4847
July	19.3417	16.9065	17.4872
August	20.6154	17.5400	19.9835
September	20.5136	20.0290	20.3010
October	20.8281	20.3081	20.6296
November	20.9957	20.2804	20.5706
December	21.1285	20.7820	20.9435