YEARLY HIGH
0.0581 ARS
YEARLY LOW
0.0466 ARS
YEARLY AVERAGE
0.0497 ARS

2017 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.0581. Conversely, the yearly low was recorded on August 15, dropping to 0.0466.

This high-to-low spread represents a total annual volatility of 0.0115 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0508 to the December average rate of 0.0493, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0581 was down 26.72% compared to the 2016 peak of 0.0793, 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 58,118 ARS
2016 Average 59,774 ARS
Yearly Trough Low 46,592 ARS
Transaction Impact: A difference of 11,525.87 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0549
0.0474
JanuMarcMayJulySeptNove

NGN to ARS 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 0.0497, compared to 0.0496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0497
H2 Avg (Jul–Dec) 0.0496

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0096 ARS (High: 0.0581 / Low: 0.0485). On the other end, October was the most stable month, with a tight range of 0.0011 ARS (High: 0.0492 / Low: 0.0481).

July Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and July, 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 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0543) against the same month in 2016 (average: 0.0510), the exchange rate shifted by +0.0033 (+6.42%).

2017 Avg (July) 0.0543
2016 Avg (July) 0.0510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0523 0.0499 0.0508
February 0.0516 0.0487 0.0494
March 0.0509 0.0480 0.0495
April 0.0503 0.0479 0.0487
May 0.0515 0.0479 0.0495
June 0.0529 0.0468 0.0506
July 0.0581 0.0485 0.0543
August 0.0560 0.0466 0.0489
September 0.0493 0.0471 0.0480
October 0.0492 0.0481 0.0486
November 0.0495 0.0480 0.0486
December 0.0533 0.0478 0.0493