2017 NGN to MRO Historical Review

YEARLY HIGH

1.1832 MRO

YEARLY LOW

0.9801 MRO

YEARLY AVERAGE

1.0835 MRO

2017 NGN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.1832. Conversely, the yearly low was recorded on November 25, dropping to 0.9801.

This high-to-low spread represents a total annual volatility of 0.2031 MRO. From a start-to-finish perspective, comparing the January average rate of 1.1455 to the December average rate of 0.9876, the exchange rate registered a net change of -13.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1832 was down 34.00% compared to the 2016 peak of 1.7928, 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 1,183,182 MRO

2016 Average 1,426,166 MRO

Yearly Trough Low 980,059 MRO

Transaction Impact: A difference of 203,122.60 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1614

0.9713

JanuMarcMayJulySeptNove

NGN to MRO 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 1.1400, compared to 1.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1132 points.

H1 Avg (Jan–Jun) 1.1400

H2 Avg (Jul–Dec) 1.0269

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1653 MRO (High: 1.1489 / Low: 0.9837). On the other end, December was the most stable month, with a tight range of 0.0042 MRO (High: 0.9892 / Low: 0.9850).

August Spread (Volatile) ±0.1653

December Spread (Stable) ±0.0042

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 0.1227 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 1.1426) against the same month in 2016 (average: 1.2157), the exchange rate shifted by -0.0730 (-6.01%).

2017 Avg (July) 1.1426

2016 Avg (July) 1.2157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1800	1.1291	1.1455
February	1.1772	1.1254	1.1389
March	1.1753	1.1191	1.1447
April	1.1734	1.1347	1.1433
May	1.1459	1.1060	1.1355
June	1.1485	1.0264	1.1323
July	1.1832	1.0358	1.1426
August	1.1489	0.9837	1.0200
September	1.0282	1.0095	1.0186
October	1.0253	0.9863	1.0052
November	0.9997	0.9801	0.9871
December	0.9892	0.9850	0.9876