2017 NGN to CNY Historical Review

YEARLY HIGH

0.0229 CNY

YEARLY LOW

0.0179 CNY

YEARLY AVERAGE

0.0204 CNY

2017 NGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0229. Conversely, the yearly low was recorded on September 8, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0049 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0183, the exchange rate registered a net change of -16.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0229 was down 31.05% compared to the 2016 peak of 0.0332, 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 22,857 CNY

2016 Average 26,989 CNY

Yearly Trough Low 17,926 CNY

Transaction Impact: A difference of 4,931.77 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0224

0.0179

JanuMarcMayJulySeptNove

NGN to CNY 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 0.0218, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0218

H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0031 CNY (High: 0.0213 / Low: 0.0182). On the other end, December was the most stable month, with a tight range of 0.0003 CNY (High: 0.0184 / Low: 0.0181).

August Spread (Volatile) ±0.0031

December Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0220) against the same month in 2016 (average: 0.0330), the exchange rate shifted by -0.0109 (-33.18%).

2017 Avg (January) 0.0220

2016 Avg (January) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0229	0.0216	0.0220
February	0.0225	0.0216	0.0218
March	0.0226	0.0216	0.0220
April	0.0224	0.0216	0.0219
May	0.0220	0.0211	0.0217
June	0.0218	0.0194	0.0214
July	0.0221	0.0193	0.0214
August	0.0213	0.0182	0.0187
September	0.0187	0.0179	0.0183
October	0.0186	0.0183	0.0185
November	0.0186	0.0183	0.0184
December	0.0184	0.0181	0.0183