YEARLY HIGH
0.2244 BTN
YEARLY LOW
0.1614 BTN
YEARLY AVERAGE
0.1960 BTN

2017 NGN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.2244. Conversely, the yearly low was recorded on August 16, dropping to 0.1614.

This high-to-low spread represents a total annual volatility of 0.0630 BTN. From a start-to-finish perspective, comparing the January average rate of 0.2175 to the December average rate of 0.1786, the exchange rate registered a net change of -17.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2244 was down 35.04% compared to the 2016 peak of 0.3455, 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 224,397 BTN
2016 Average 273,905 BTN
Yearly Trough Low 161,443 BTN
Transaction Impact: A difference of 62,953.64 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2214
0.1741
JanuMarcMayJulySeptNove

NGN to BTN 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 0.2085, compared to 0.1836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 0.2085
H2 Avg (Jul–Dec) 0.1836

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0418 BTN (High: 0.2032 / Low: 0.1614). On the other end, December was the most stable month, with a tight range of 0.0020 BTN (High: 0.1795 / Low: 0.1775).

August Spread (Volatile) ±0.0418
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between August and October, 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 0.0258 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2175) against the same month in 2016 (average: 0.3379), the exchange rate shifted by -0.1204 (-35.63%).

2017 Avg (January) 0.2175
2016 Avg (January) 0.3379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2244 0.2145 0.2175
February 0.2221 0.2106 0.2127
March 0.2148 0.2053 0.2101
April 0.2096 0.2028 0.2049
May 0.2064 0.1980 0.2032
June 0.2060 0.1840 0.2025
July 0.2104 0.1834 0.2038
August 0.2032 0.1614 0.1780
September 0.1838 0.1768 0.1795
October 0.1833 0.1800 0.1812
November 0.1820 0.1786 0.1804
December 0.1795 0.1775 0.1786