2017 NGN to DJF Historical Review

YEARLY HIGH

0.5895 DJF

YEARLY LOW

0.4848 DJF

YEARLY AVERAGE

0.5382 DJF

2017 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.5895. Conversely, the yearly low was recorded on August 5, dropping to 0.4848.

This high-to-low spread represents a total annual volatility of 0.1047 DJF. From a start-to-finish perspective, comparing the January average rate of 0.5709 to the December average rate of 0.4969, the exchange rate registered a net change of -12.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5895 was down 34.22% compared to the 2016 peak of 0.8962, 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 589,481 DJF

2016 Average 724,516 DJF

Yearly Trough Low 484,793 DJF

Transaction Impact: A difference of 104,688.36 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5783

0.4895

JanuMarcMayJulySeptNove

NGN to DJF 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 0.5671, compared to 0.5094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0576 points.

H1 Avg (Jan–Jun) 0.5671

H2 Avg (Jul–Dec) 0.5094

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0826 DJF (High: 0.5674 / Low: 0.4848). On the other end, December was the most stable month, with a tight range of 0.0041 DJF (High: 0.4993 / Low: 0.4952).

August Spread (Volatile) ±0.0826

December Spread (Stable) ±0.0041

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 0.0640 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.5709) against the same month in 2016 (average: 0.8925), the exchange rate shifted by -0.3216 (-36.04%).

2017 Avg (January) 0.5709

2016 Avg (January) 0.8925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5895	0.5632	0.5709
February	0.5851	0.5637	0.5676
March	0.5843	0.5616	0.5701
April	0.5815	0.5635	0.5676
May	0.5708	0.5495	0.5642
June	0.5718	0.5100	0.5620
July	0.5852	0.5100	0.5650
August	0.5674	0.4848	0.5010
September	0.5037	0.4946	0.4984
October	0.5027	0.4958	0.4979
November	0.5027	0.4940	0.4975
December	0.4993	0.4952	0.4969