2017 NGN to GMD Historical Review

YEARLY HIGH

0.1504 GMD

YEARLY LOW

0.1241 GMD

YEARLY AVERAGE

0.1377 GMD

2017 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.1504. Conversely, the yearly low was recorded on August 15, dropping to 0.1241.

This high-to-low spread represents a total annual volatility of 0.0263 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1391 to the December average rate of 0.1321, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1504 was down 30.16% compared to the 2016 peak of 0.2153, 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 150,407 GMD

2016 Average 170,556 GMD

Yearly Trough Low 124,110 GMD

Transaction Impact: A difference of 26,297.27 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1472

0.1267

JanuMarcMayJulySeptNove

NGN to GMD 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 0.1425, compared to 0.1329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.1425

H2 Avg (Jul–Dec) 0.1329

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0225 GMD (High: 0.1466 / Low: 0.1241). On the other end, December was the most stable month, with a tight range of 0.0015 GMD (High: 0.1329 / Low: 0.1314).

August Spread (Volatile) ±0.0225

December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0166 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.1455) against the same month in 2016 (average: 0.1462), the exchange rate shifted by -0.0007 (-0.47%).

2017 Avg (July) 0.1455

2016 Avg (July) 0.1462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1454	0.1353	0.1391
February	0.1428	0.1379	0.1401
March	0.1466	0.1398	0.1425
April	0.1472	0.1422	0.1435
May	0.1472	0.1417	0.1454
June	0.1475	0.1314	0.1445
July	0.1504	0.1313	0.1455
August	0.1466	0.1241	0.1288
September	0.1299	0.1273	0.1284
October	0.1331	0.1281	0.1310
November	0.1333	0.1308	0.1318
December	0.1329	0.1314	0.1321