2017 NGN to INR Historical Review

YEARLY HIGH

0.2244 INR

YEARLY LOW

0.1728 INR

YEARLY AVERAGE

0.1961 INR

2017 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.2244. Conversely, the yearly low was recorded on August 5, dropping to 0.1728.

This high-to-low spread represents a total annual volatility of 0.0516 INR. From a start-to-finish perspective, comparing the January average rate of 0.2175 to the December average rate of 0.1785, the exchange rate registered a net change of -17.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2244 was down 35.10% compared to the 2016 peak of 0.3457, 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 224,381 INR

2016 Average 273,897 INR

Yearly Trough Low 172,769 INR

Transaction Impact: A difference of 51,611.64 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2214

0.1746

JanuMarcMayJulySeptNove

NGN to INR 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 0.2084, compared to 0.1838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.2084

H2 Avg (Jul–Dec) 0.1838

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0303 INR (High: 0.2031 / Low: 0.1728). On the other end, December was the most stable month, with a tight range of 0.0022 INR (High: 0.1797 / Low: 0.1775).

August Spread (Volatile) ±0.0303

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0242 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.2175) against the same month in 2016 (average: 0.3380), the exchange rate shifted by -0.1205 (-35.65%).

2017 Avg (January) 0.2175

2016 Avg (January) 0.3380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2244	0.2142	0.2175
February	0.2204	0.2102	0.2124
March	0.2145	0.2047	0.2099
April	0.2095	0.2030	0.2049
May	0.2059	0.1975	0.2032
June	0.2063	0.1841	0.2026
July	0.2104	0.1834	0.2037
August	0.2031	0.1728	0.1795
September	0.1836	0.1769	0.1796
October	0.1832	0.1795	0.1811
November	0.1831	0.1785	0.1804
December	0.1797	0.1775	0.1785