2017 MRO to NGN Historical Review

YEARLY HIGH

1.0203 NGN

YEARLY LOW

0.8452 NGN

YEARLY AVERAGE

0.9270 NGN

2017 MRO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.0203. Conversely, the yearly low was recorded on July 17, dropping to 0.8452.

This high-to-low spread represents a total annual volatility of 0.1752 NGN. From a start-to-finish perspective, comparing the January average rate of 0.8731 to the December average rate of 1.0125, the exchange rate registered a net change of 15.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0203 was up 3.93% compared to the 2016 peak of 0.9817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,102 NGN

2016 Average 3,659 NGN

Yearly Trough Low 4,226 NGN

Transaction Impact: A difference of 875.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0271

0.8591

JanuMarcMayJulySeptNove

MRO 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 0.8773, compared to 0.9768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0994 points.

H1 Avg (Jan–Jun) 0.8773

H2 Avg (Jul–Dec) 0.9768

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1462 NGN (High: 1.0166 / Low: 0.8704). On the other end, December was the most stable month, with a tight range of 0.0044 NGN (High: 1.0152 / Low: 1.0109).

August Spread (Volatile) ±0.1462

December Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.0131) against the same month in 2016 (average: 0.8775), the exchange rate shifted by +0.1355 (+15.44%).

2017 Avg (November) 1.0131

2016 Avg (November) 0.8775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8856	0.8474	0.8731
February	0.8886	0.8495	0.8781
March	0.8936	0.8508	0.8737
April	0.8813	0.8522	0.8747
May	0.9042	0.8727	0.8808
June	0.9742	0.8707	0.8836
July	0.9655	0.8452	0.8760
August	1.0166	0.8704	0.9821
September	0.9906	0.9726	0.9817
October	1.0139	0.9753	0.9951
November	1.0203	1.0003	1.0131
December	1.0152	1.0109	1.0125