YEARLY HIGH
29.1967 NGN
YEARLY LOW
22.2660 NGN
YEARLY AVERAGE
25.0804 NGN

2017 NAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 29.1967. Conversely, the yearly low was recorded on January 9, dropping to 22.2660.

This high-to-low spread represents a total annual volatility of 6.9306 NGN. From a start-to-finish perspective, comparing the January average rate of 23.1255 to the December average rate of 27.4330, the exchange rate registered a net change of 18.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.1967 was up 13.76% compared to the 2016 peak of 25.6641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145,983 NGN
2016 Average 88,852 NGN
Yearly Trough Low 111,330 NGN
Transaction Impact: A difference of 34,653.06 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

27.8637
22.6947
JanuMarcMayJulySeptNove

NAD 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 23.8937, compared to 26.2670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3733 points.

H1 Avg (Jan–Jun) 23.8937
H2 Avg (Jul–Dec) 26.2670

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 4.0508 NGN (High: 27.7966 / Low: 23.7458). On the other end, November was the most stable month, with a tight range of 1.4214 NGN (High: 26.3442 / Low: 24.9228).

August Spread (Volatile) ±4.0508
November Spread (Stable) ±1.4214

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0242 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 27.4330) against the same month in 2016 (average: 22.7032), the exchange rate shifted by +4.7298 (+20.83%).

2017 Avg (December) 27.4330
2016 Avg (December) 22.7032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.8436 22.2660 23.1255
February 24.4882 22.7591 23.8767
March 25.3521 23.5205 24.3213
April 24.5153 22.2679 23.3982
May 25.1435 23.0912 23.9316
June 26.9987 24.0795 24.7089
July 27.0874 23.2388 24.1439
August 27.7966 23.7458 26.9860
September 28.0999 26.3402 27.2719
October 26.9738 25.2972 26.2477
November 26.3442 24.9228 25.5197
December 29.1967 26.1707 27.4330