2017 NGN to IRR Historical Review

YEARLY HIGH

106.7637 IRR

YEARLY LOW

88.6786 IRR

YEARLY AVERAGE

99.3267 IRR

2017 NGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 106.7637. Conversely, the yearly low was recorded on August 5, dropping to 88.6786.

This high-to-low spread represents a total annual volatility of 18.0851 IRR. From a start-to-finish perspective, comparing the January average rate of 101.2750 to the December average rate of 97.9816, the exchange rate registered a net change of -3.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 106.7637 was down 30.09% compared to the 2016 peak of 152.7258, 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 106,763,693 IRR

2016 Average 122,969,462 IRR

Yearly Trough Low 88,678,565 IRR

Transaction Impact: A difference of 18,085,128.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

104.4530

91.0720

JanuMarcMayJulySeptNove

NGN to IRR 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 102.4702, compared to 96.1832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2870 points.

H1 Avg (Jan–Jun) 102.4702

H2 Avg (Jul–Dec) 96.1832

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 15.1834 IRR (High: 103.8620 / Low: 88.6786). On the other end, November was the most stable month, with a tight range of 1.5230 IRR (High: 97.2555 / Low: 95.7325).

August Spread (Volatile) ±15.1834

November Spread (Stable) ±1.5230

Growth Streaks & Declines

Trends

Between August and December, 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 10.8877 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.8877

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 103.0748) against the same month in 2016 (average: 103.2189), the exchange rate shifted by -0.1441 (-0.14%).

2017 Avg (July) 103.0748

2016 Avg (July) 103.2189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	106.5101	94.8896	101.2750
February	105.8625	101.9980	102.7839
March	106.0107	101.7866	103.3379
April	105.3943	102.1848	103.0045
May	103.5186	99.7579	102.3883
June	103.7353	92.6348	102.0314
July	106.7637	93.1207	103.0748
August	103.8620	88.6786	92.1871
September	94.1185	91.9691	92.8804
October	96.1068	93.3085	94.4642
November	97.2555	95.7325	96.5111
December	99.3708	96.3813	97.9816