YEARLY HIGH
65.8809 BYR
YEARLY LOW
0.0027 BYR
YEARLY AVERAGE
19.2298 BYR

2017 NGN to BYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to BYR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 65.8809. Conversely, the yearly low was recorded on August 5, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 65.8782 BYR. From a start-to-finish perspective, comparing the January average rate of 49.5393 to the December average rate of 0.0028, the exchange rate registered a net change of -99.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 65.8809 was down 40.51% compared to the 2016 peak of 110.7465, 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 65,880,884 BYR
2016 Average 82,160,101 BYR
Yearly Trough Low 2,710 BYR
Transaction Impact: A difference of 65,878,174.29 BYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

70.1974
-6.3786
JanuMarcMayJulySeptNove

NGN to BYR 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 38.4567, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 38.4538 points.

H1 Avg (Jan–Jun) 38.4567
H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 65.8777 BYR (High: 65.8809 / Low: 0.0031). On the other end, December was the most stable month, with a tight range of 0.0000 BYR (High: 0.0028 / Low: 0.0028).

January Spread (Volatile) ±65.8777
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 April and May, when the average rate fell by 36.9922 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -36.9922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 49.5393) against the same month in 2016 (average: 99.7313), the exchange rate shifted by -50.1920 (-50.33%).

2017 Avg (January) 49.5393
2016 Avg (January) 99.7313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.8809 0.0031 49.5393
February 65.4803 0.0031 27.2244
March 65.4549 62.8768 63.8161
April 65.0680 63.0748 63.5747
May 63.8623 0.0031 26.5825
June 0.0032 0.0029 0.0031
July 0.0033 0.0029 0.0032
August 0.0032 0.0027 0.0028
September 0.0028 0.0028 0.0028
October 0.0028 0.0028 0.0028
November 0.0028 0.0028 0.0028
December 0.0028 0.0028 0.0028