2017 NGN to MVR Historical Review

YEARLY HIGH

0.0507 MVR

YEARLY LOW

0.0390 MVR

YEARLY AVERAGE

0.0465 MVR

2017 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0507. Conversely, the yearly low was recorded on August 19, dropping to 0.0390.

This high-to-low spread represents a total annual volatility of 0.0117 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0491 to the December average rate of 0.0428, the exchange rate registered a net change of -12.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0507 was down 34.42% compared to the 2016 peak of 0.0773, 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 50,695 MVR

2016 Average 62,260 MVR

Yearly Trough Low 39,007 MVR

Transaction Impact: A difference of 11,687.79 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0501

0.0421

JanuMarcMayJulySeptNove

NGN to MVR 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 0.0490, compared to 0.0439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0490

H2 Avg (Jul–Dec) 0.0439

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0100 MVR (High: 0.0490 / Low: 0.0390). On the other end, December was the most stable month, with a tight range of 0.0003 MVR (High: 0.0430 / Low: 0.0427).

August Spread (Volatile) ±0.0100

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and July, 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 0.0059 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0491) against the same month in 2016 (average: 0.0769), the exchange rate shifted by -0.0278 (-36.15%).

2017 Avg (January) 0.0491

2016 Avg (January) 0.0769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0507	0.0484	0.0491
February	0.0505	0.0487	0.0490
March	0.0505	0.0487	0.0494
April	0.0504	0.0486	0.0490
May	0.0497	0.0473	0.0488
June	0.0499	0.0442	0.0489
July	0.0505	0.0441	0.0489
August	0.0490	0.0390	0.0430
September	0.0434	0.0426	0.0430
October	0.0433	0.0427	0.0429
November	0.0433	0.0424	0.0427
December	0.0430	0.0427	0.0428