2017 NGN to HNL Historical Review

YEARLY HIGH

0.0773 HNL

YEARLY LOW

0.0634 HNL

YEARLY AVERAGE

0.0706 HNL

2017 NGN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0773. Conversely, the yearly low was recorded on August 5, dropping to 0.0634.

This high-to-low spread represents a total annual volatility of 0.0140 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0657, the exchange rate registered a net change of -11.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0773 was down 32.35% compared to the 2016 peak of 0.1143, 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 77,327 HNL

2016 Average 92,653 HNL

Yearly Trough Low 63,368 HNL

Transaction Impact: A difference of 13,958.99 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0758

0.0644

JanuMarcMayJulySeptNove

NGN to HNL 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 0.0744, compared to 0.0669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0744

H2 Avg (Jul–Dec) 0.0669

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0110 HNL (High: 0.0743 / Low: 0.0634). On the other end, December was the most stable month, with a tight range of 0.0004 HNL (High: 0.0659 / Low: 0.0654).

August Spread (Volatile) ±0.0110

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0085 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0746) against the same month in 2016 (average: 0.1127), the exchange rate shifted by -0.0381 (-33.81%).

2017 Avg (January) 0.0746

2016 Avg (January) 0.1127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0773	0.0720	0.0746
February	0.0772	0.0737	0.0747
March	0.0769	0.0731	0.0749
April	0.0764	0.0739	0.0744
May	0.0748	0.0721	0.0740
June	0.0749	0.0666	0.0736
July	0.0766	0.0669	0.0740
August	0.0743	0.0634	0.0655
September	0.0664	0.0648	0.0653
October	0.0658	0.0650	0.0654
November	0.0665	0.0651	0.0657
December	0.0659	0.0654	0.0657