YEARLY HIGH
0.0059 ANG
YEARLY LOW
0.0048 ANG
YEARLY AVERAGE
0.0054 ANG

2017 NGN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0059. Conversely, the yearly low was recorded on August 5, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0010 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0050, the exchange rate registered a net change of -12.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0059 was down 35.12% compared to the 2016 peak of 0.0090, 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 5,855 ANG
2016 Average 7,275 ANG
Yearly Trough Low 4,824 ANG
Transaction Impact: A difference of 1,031.50 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0057
0.0049
JanuMarcMayJulySeptNove

NGN to ANG 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 0.0056, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0008 ANG (High: 0.0056 / Low: 0.0048). On the other end, December was the most stable month, with a tight range of 0.0000 ANG (High: 0.0050 / Low: 0.0049).

August Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0057) against the same month in 2016 (average: 0.0090), the exchange rate shifted by -0.0033 (-36.82%).

2017 Avg (January) 0.0057
2016 Avg (January) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0056 0.0057
February 0.0058 0.0056 0.0057
March 0.0058 0.0055 0.0057
April 0.0058 0.0056 0.0057
May 0.0057 0.0055 0.0056
June 0.0057 0.0051 0.0056
July 0.0058 0.0051 0.0056
August 0.0056 0.0048 0.0050
September 0.0050 0.0049 0.0050
October 0.0050 0.0049 0.0050
November 0.0050 0.0049 0.0050
December 0.0050 0.0049 0.0050