2017 NGN to ISK Historical Review

YEARLY HIGH

0.3794 ISK

YEARLY LOW

0.2849 ISK

YEARLY AVERAGE

0.3213 ISK

2017 NGN to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.3794. Conversely, the yearly low was recorded on August 5, dropping to 0.2849.

This high-to-low spread represents a total annual volatility of 0.0944 ISK. From a start-to-finish perspective, comparing the January average rate of 0.3650 to the December average rate of 0.2913, the exchange rate registered a net change of -20.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3794 was down 42.30% compared to the 2016 peak of 0.6575, 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 379,350 ISK

2016 Average 497,037 ISK

Yearly Trough Low 284,941 ISK

Transaction Impact: A difference of 94,409.42 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3725

0.2821

JanuMarcMayJulySeptNove

NGN to ISK 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 0.3430, compared to 0.2996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0434 points.

H1 Avg (Jan–Jun) 0.3430

H2 Avg (Jul–Dec) 0.2996

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0461 ISK (High: 0.3310 / Low: 0.2849). On the other end, October was the most stable month, with a tight range of 0.0061 ISK (High: 0.2973 / Low: 0.2912).

August Spread (Volatile) ±0.0461

October Spread (Stable) ±0.0061

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 0.0326 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3650) against the same month in 2016 (average: 0.6527), the exchange rate shifted by -0.2878 (-44.09%).

2017 Avg (January) 0.3650

2016 Avg (January) 0.6527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3794	0.3550	0.3650
February	0.3765	0.3374	0.3536
March	0.3661	0.3345	0.3480
April	0.3654	0.3353	0.3503
May	0.3375	0.3081	0.3243
June	0.3308	0.2955	0.3171
July	0.3442	0.2984	0.3296
August	0.3310	0.2849	0.2970
September	0.3039	0.2914	0.2965
October	0.2973	0.2912	0.2936
November	0.2986	0.2855	0.2896
December	0.2952	0.2867	0.2913