YEARLY HIGH
0.2233 AFN
YEARLY LOW
0.1854 AFN
YEARLY AVERAGE
0.2044 AFN

2017 NGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.2233. Conversely, the yearly low was recorded on August 5, dropping to 0.1854.

This high-to-low spread represents a total annual volatility of 0.0379 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2132 to the December average rate of 0.1924, the exchange rate registered a net change of -9.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2233 was down 36.21% compared to the 2016 peak of 0.3500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 223,273 AFN
2016 Average 277,190 AFN
Yearly Trough Low 185,405 AFN
Transaction Impact: A difference of 37,867.69 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2183
0.1876
JanuMarcMayJulySeptNove

NGN to AFN 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 0.2134, compared to 0.1954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.2134
H2 Avg (Jul–Dec) 0.1954

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0316 AFN (High: 0.2170 / Low: 0.1854). On the other end, October was the most stable month, with a tight range of 0.0020 AFN (High: 0.1912 / Low: 0.1891).

August Spread (Volatile) ±0.0316
October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0237 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.2157) against the same month in 2016 (average: 0.2352), the exchange rate shifted by -0.0195 (-8.28%).

2017 Avg (July) 0.2157
2016 Avg (July) 0.2352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2197 0.2099 0.2132
February 0.2184 0.2097 0.2119
March 0.2181 0.2088 0.2125
April 0.2200 0.2110 0.2141
May 0.2172 0.2098 0.2145
June 0.2175 0.1939 0.2140
July 0.2233 0.1953 0.2157
August 0.2170 0.1854 0.1921
September 0.1933 0.1895 0.1912
October 0.1912 0.1891 0.1901
November 0.1931 0.1898 0.1910
December 0.1941 0.1911 0.1924