2017 NGN to HKD Historical Review

YEARLY HIGH

0.0256 HKD

YEARLY LOW

0.0212 HKD

YEARLY AVERAGE

0.0235 HKD

2017 NGN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0256. Conversely, the yearly low was recorded on August 5, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0044 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0248 to the December average rate of 0.0217, the exchange rate registered a net change of -12.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0256 was down 34.98% compared to the 2016 peak of 0.0393, 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 25,555 HKD

2016 Average 31,657 HKD

Yearly Trough Low 21,189 HKD

Transaction Impact: A difference of 4,365.85 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0251

0.0214

JanuMarcMayJulySeptNove

NGN to HKD 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 0.0246, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0246

H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0036 HKD (High: 0.0248 / Low: 0.0212). On the other end, December was the most stable month, with a tight range of 0.0002 HKD (High: 0.0218 / Low: 0.0216).

August Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0002

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: 0.0248) against the same month in 2016 (average: 0.0391), the exchange rate shifted by -0.0143 (-36.60%).

2017 Avg (January) 0.0248

2016 Avg (January) 0.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0256	0.0244	0.0248
February	0.0254	0.0244	0.0246
March	0.0254	0.0244	0.0247
April	0.0252	0.0245	0.0247
May	0.0248	0.0240	0.0246
June	0.0249	0.0223	0.0245
July	0.0255	0.0223	0.0247
August	0.0248	0.0212	0.0219
September	0.0220	0.0216	0.0218
October	0.0219	0.0216	0.0217
November	0.0219	0.0215	0.0217
December	0.0218	0.0216	0.0217