2017 NGN to MDL Historical Review

YEARLY HIGH

0.0661 MDL

YEARLY LOW

0.0473 MDL

YEARLY AVERAGE

0.0557 MDL

2017 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0661. Conversely, the yearly low was recorded on December 18, dropping to 0.0473.

This high-to-low spread represents a total annual volatility of 0.0188 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0641 to the December average rate of 0.0477, the exchange rate registered a net change of -25.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0661 was down 36.23% compared to the 2016 peak of 0.1037, 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 66,118 MDL

2016 Average 81,100 MDL

Yearly Trough Low 47,329 MDL

Transaction Impact: A difference of 18,788.97 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0657

0.0461

JanuMarcMayJulySeptNove

NGN to MDL 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 0.0612, compared to 0.0502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.0612

H2 Avg (Jul–Dec) 0.0502

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0085 MDL (High: 0.0570 / Low: 0.0485). On the other end, December was the most stable month, with a tight range of 0.0008 MDL (High: 0.0481 / Low: 0.0473).

August Spread (Volatile) ±0.0085

December Spread (Stable) ±0.0008

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 0.0071 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0641) against the same month in 2016 (average: 0.1021), the exchange rate shifted by -0.0380 (-37.24%).

2017 Avg (January) 0.0641

2016 Avg (January) 0.1021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0661	0.0632	0.0641
February	0.0650	0.0627	0.0633
March	0.0642	0.0613	0.0627
April	0.0632	0.0608	0.0613
May	0.0610	0.0560	0.0585
June	0.0582	0.0517	0.0572
July	0.0591	0.0517	0.0572
August	0.0570	0.0485	0.0501
September	0.0499	0.0487	0.0493
October	0.0492	0.0480	0.0485
November	0.0493	0.0476	0.0486
December	0.0481	0.0473	0.0477