2017 NGN to LRD Historical Review

YEARLY HIGH

0.3502 LRD

YEARLY LOW

0.2668 LRD

YEARLY AVERAGE

0.3119 LRD

2017 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.3502. Conversely, the yearly low was recorded on July 19, dropping to 0.2668.

This high-to-low spread represents a total annual volatility of 0.0835 LRD. From a start-to-finish perspective, comparing the January average rate of 0.2991 to the December average rate of 0.3488, the exchange rate registered a net change of 16.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3502 was down 23.17% compared to the 2016 peak of 0.4559, 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 350,244 LRD

2016 Average 362,347 LRD

Yearly Trough Low 266,763 LRD

Transaction Impact: A difference of 83,481.08 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3544

0.2875

JanuMarcMayJulySeptNove

NGN to LRD 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 0.2981, compared to 0.3257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.2981

H2 Avg (Jul–Dec) 0.3257

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0473 LRD (High: 0.3326 / Low: 0.2853). On the other end, December was the most stable month, with a tight range of 0.0026 LRD (High: 0.3501 / Low: 0.3475).

August Spread (Volatile) ±0.0473

December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.3427) against the same month in 2016 (average: 0.2901), the exchange rate shifted by +0.0525 (+18.11%).

2017 Avg (November) 0.3427

2016 Avg (November) 0.2901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3130	0.2892	0.2991
February	0.3073	0.2961	0.2989
March	0.3080	0.2936	0.2994
April	0.3070	0.2969	0.2991
May	0.3014	0.2861	0.2970
June	0.3019	0.2682	0.2952
July	0.3073	0.2668	0.2931
August	0.3326	0.2853	0.3144
September	0.3308	0.3199	0.3259
October	0.3320	0.3273	0.3294
November	0.3502	0.3309	0.3427
December	0.3501	0.3475	0.3488