2017 NGN to JMD Historical Review

YEARLY HIGH

0.4231 JMD

YEARLY LOW

0.3461 JMD

YEARLY AVERAGE

0.3864 JMD

2017 NGN to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4231. Conversely, the yearly low was recorded on December 28, dropping to 0.3461.

This high-to-low spread represents a total annual volatility of 0.0770 JMD. From a start-to-finish perspective, comparing the January average rate of 0.4115 to the December average rate of 0.3478, the exchange rate registered a net change of -15.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4231 was down 32.98% compared to the 2016 peak of 0.6313, 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 423,091 JMD

2016 Average 507,599 JMD

Yearly Trough Low 346,138 JMD

Transaction Impact: A difference of 76,952.46 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4179

0.3414

JanuMarcMayJulySeptNove

NGN to JMD 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 0.4094, compared to 0.3635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0459 points.

H1 Avg (Jan–Jun) 0.4094

H2 Avg (Jul–Dec) 0.3635

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0585 JMD (High: 0.4047 / Low: 0.3462). On the other end, December was the most stable month, with a tight range of 0.0034 JMD (High: 0.3495 / Low: 0.3461).

August Spread (Volatile) ±0.0585

December Spread (Stable) ±0.0034

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 0.0466 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4115) against the same month in 2016 (average: 0.6051), the exchange rate shifted by -0.1936 (-31.99%).

2017 Avg (January) 0.4115

2016 Avg (January) 0.6051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4231	0.4064	0.4115
February	0.4226	0.4031	0.4084
March	0.4206	0.4008	0.4101
April	0.4204	0.4060	0.4099
May	0.4139	0.3990	0.4083
June	0.4161	0.3695	0.4080
July	0.4179	0.3649	0.4050
August	0.4047	0.3462	0.3584
September	0.3683	0.3559	0.3621
October	0.3651	0.3529	0.3565
November	0.3576	0.3475	0.3512
December	0.3495	0.3461	0.3478