YEARLY HIGH
0.0045 AUD
YEARLY LOW
0.0034 AUD
YEARLY AVERAGE
0.0039 AUD

2017 NGN to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0045. Conversely, the yearly low was recorded on August 5, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0011 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0036, the exchange rate registered a net change of -15.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0045 was down 38.65% compared to the 2016 peak of 0.0073, 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 4,499 AUD
2016 Average 5,503 AUD
Yearly Trough Low 3,417 AUD
Transaction Impact: A difference of 1,081.83 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0044
0.0034
JanuMarcMayJulySeptNove

NGN to AUD 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 0.0042, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0006 AUD (High: 0.0042 / Low: 0.0036). On the other end, November was the most stable month, with a tight range of 0.0001 AUD (High: 0.0037 / Low: 0.0036).

July Spread (Volatile) ±0.0006
November Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0043) against the same month in 2016 (average: 0.0072), the exchange rate shifted by -0.0029 (-40.13%).

2017 Avg (January) 0.0043
2016 Avg (January) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0045 0.0041 0.0043
February 0.0043 0.0041 0.0041
March 0.0043 0.0041 0.0042
April 0.0043 0.0041 0.0042
May 0.0043 0.0041 0.0042
June 0.0043 0.0037 0.0042
July 0.0042 0.0036 0.0041
August 0.0040 0.0034 0.0035
September 0.0036 0.0034 0.0035
October 0.0036 0.0035 0.0036
November 0.0037 0.0036 0.0036
December 0.0037 0.0036 0.0036