YEARLY HIGH
1.5403 KMF
YEARLY LOW
1.0652 KMF
YEARLY AVERAGE
1.3177 KMF

2017 NGN to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.5403. Conversely, the yearly low was recorded on August 19, dropping to 1.0652.

This high-to-low spread represents a total annual volatility of 0.4750 KMF. From a start-to-finish perspective, comparing the January average rate of 1.4783 to the December average rate of 1.1562, the exchange rate registered a net change of -21.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5403 was down 32.91% compared to the 2016 peak of 2.2957, 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 1,540,255 KMF
2016 Average 1,805,681 KMF
Yearly Trough Low 1,065,241 KMF
Transaction Impact: A difference of 475,013.20 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5108
1.1201
JanuMarcMayJulySeptNove

NGN to KMF 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 1.4428, compared to 1.1926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2502 points.

H1 Avg (Jan–Jun) 1.4428
H2 Avg (Jul–Dec) 1.1926

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2565 KMF (High: 1.3218 / Low: 1.0652). On the other end, December was the most stable month, with a tight range of 0.0227 KMF (High: 1.1659 / Low: 1.1432).

August Spread (Volatile) ±0.2565
December Spread (Stable) ±0.0227

Growth Streaks & Declines

Trends

Between September and November, 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 0.1869 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.4783) against the same month in 2016 (average: 2.2687), the exchange rate shifted by -0.7904 (-34.84%).

2017 Avg (January) 1.4783
2016 Avg (January) 2.2687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5403 1.4455 1.4783
February 1.4949 1.4436 1.4671
March 1.4965 1.4393 1.4676
April 1.5107 1.4263 1.4603
May 1.4372 1.3524 1.4049
June 1.4013 1.2344 1.3785
July 1.4027 1.2153 1.3503
August 1.3218 1.0652 1.1634
September 1.1735 1.1313 1.1526
October 1.1830 1.1530 1.1655
November 1.1922 1.1432 1.1674
December 1.1659 1.1432 1.1562