2017 NGN to MXN Historical Review

YEARLY HIGH

0.0704 MXN

YEARLY LOW

0.0485 MXN

YEARLY AVERAGE

0.0570 MXN

2017 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0704. Conversely, the yearly low was recorded on August 5, dropping to 0.0485.

This high-to-low spread represents a total annual volatility of 0.0219 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0682 to the December average rate of 0.0534, the exchange rate registered a net change of -21.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0704 was down 26.54% compared to the 2016 peak of 0.0959, 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 70,426 MXN

2016 Average 75,614 MXN

Yearly Trough Low 48,502 MXN

Transaction Impact: A difference of 21,924.78 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0700

0.0479

JanuMarcMayJulySeptNove

NGN to MXN 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 0.0616, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.0616

H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0088 MXN (High: 0.0597 / Low: 0.0509). On the other end, September was the most stable month, with a tight range of 0.0021 MXN (High: 0.0510 / Low: 0.0489).

June Spread (Volatile) ±0.0088

September Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0682) against the same month in 2016 (average: 0.0906), the exchange rate shifted by -0.0224 (-24.71%).

2017 Avg (January) 0.0682

2016 Avg (January) 0.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0704	0.0657	0.0682
February	0.0677	0.0623	0.0643
March	0.0634	0.0591	0.0614
April	0.0610	0.0586	0.0595
May	0.0609	0.0567	0.0592
June	0.0597	0.0509	0.0571
July	0.0584	0.0501	0.0563
August	0.0567	0.0485	0.0499
September	0.0510	0.0489	0.0497
October	0.0535	0.0508	0.0524
November	0.0537	0.0513	0.0526
December	0.0553	0.0517	0.0534