YEARLY HIGH
0.0064 AZN
YEARLY LOW
0.0046 AZN
YEARLY AVERAGE
0.0052 AZN

2017 NGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0064. Conversely, the yearly low was recorded on August 5, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0018 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0047, the exchange rate registered a net change of -20.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0064 was down 23.50% compared to the 2016 peak of 0.0084, 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 6,409 AZN
2016 Average 6,496 AZN
Yearly Trough Low 4,567 AZN
Transaction Impact: A difference of 1,841.53 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0060
0.0046
JanuMarcMayJulySeptNove

NGN to AZN 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 0.0055, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0008 AZN (High: 0.0064 / Low: 0.0056). On the other end, October was the most stable month, with a tight range of 0.0001 AZN (High: 0.0047 / Low: 0.0047).

February Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0059) against the same month in 2016 (average: 0.0080), the exchange rate shifted by -0.0020 (-25.57%).

2017 Avg (January) 0.0059
2016 Avg (January) 0.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0057 0.0059
February 0.0064 0.0056 0.0058
March 0.0057 0.0054 0.0055
April 0.0055 0.0053 0.0054
May 0.0054 0.0052 0.0053
June 0.0054 0.0049 0.0053
July 0.0056 0.0048 0.0053
August 0.0053 0.0046 0.0048
September 0.0048 0.0047 0.0047
October 0.0047 0.0047 0.0047
November 0.0048 0.0047 0.0047
December 0.0047 0.0047 0.0047