2017 NGN to EUR Historical Review

YEARLY HIGH

0.0031 EUR

YEARLY LOW

0.0023 EUR

YEARLY AVERAGE

0.0027 EUR

2017 NGN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0031. Conversely, the yearly low was recorded on September 8, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0008 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0023, the exchange rate registered a net change of -21.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0031 was down 33.35% compared to the 2016 peak of 0.0047, 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 3,113 EUR

2016 Average 3,679 EUR

Yearly Trough Low 2,298 EUR

Transaction Impact: A difference of 814.32 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0031

0.0023

JanuMarcMayJulySeptNove

NGN to EUR 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 0.0029, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0029

H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0004 EUR (High: 0.0027 / Low: 0.0023). On the other end, December was the most stable month, with a tight range of 0.0000 EUR (High: 0.0024 / Low: 0.0023).

August Spread (Volatile) ±0.0004

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0030) against the same month in 2016 (average: 0.0046), the exchange rate shifted by -0.0016 (-35.01%).

2017 Avg (January) 0.0030

2016 Avg (January) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0031	0.0029	0.0030
February	0.0030	0.0029	0.0030
March	0.0030	0.0029	0.0030
April	0.0031	0.0029	0.0030
May	0.0029	0.0027	0.0029
June	0.0028	0.0025	0.0028
July	0.0028	0.0025	0.0027
August	0.0027	0.0023	0.0024
September	0.0024	0.0023	0.0023
October	0.0024	0.0023	0.0024
November	0.0024	0.0023	0.0024
December	0.0024	0.0023	0.0023