2017 NGN to CVE Historical Review

YEARLY HIGH

0.3442 CVE

YEARLY LOW

0.2543 CVE

YEARLY AVERAGE

0.2961 CVE

2017 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.3442. Conversely, the yearly low was recorded on September 10, dropping to 0.2543.

This high-to-low spread represents a total annual volatility of 0.0899 CVE. From a start-to-finish perspective, comparing the January average rate of 0.3320 to the December average rate of 0.2597, the exchange rate registered a net change of -21.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3442 was down 33.16% compared to the 2016 peak of 0.5149, 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 344,210 CVE

2016 Average 405,654 CVE

Yearly Trough Low 254,302 CVE

Transaction Impact: A difference of 89,908.07 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3393

0.2516

JanuMarcMayJulySeptNove

NGN to CVE 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 0.3242, compared to 0.2681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 0.3242

H2 Avg (Jul–Dec) 0.2681

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0424 CVE (High: 0.3152 / Low: 0.2728). On the other end, December was the most stable month, with a tight range of 0.0046 CVE (High: 0.2613 / Low: 0.2567).

July Spread (Volatile) ±0.0424

December Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between September and November, 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 0.0406 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3320) against the same month in 2016 (average: 0.5098), the exchange rate shifted by -0.1778 (-34.88%).

2017 Avg (January) 0.3320

2016 Avg (January) 0.5098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3442	0.3242	0.3320
February	0.3365	0.3232	0.3297
March	0.3361	0.3230	0.3298
April	0.3395	0.3204	0.3279
May	0.3230	0.3040	0.3158
June	0.3148	0.2776	0.3097
July	0.3152	0.2728	0.3031
August	0.2965	0.2547	0.2626
September	0.2636	0.2543	0.2589
October	0.2661	0.2589	0.2617
November	0.2679	0.2572	0.2623
December	0.2613	0.2567	0.2597