2017 NGN to NIO Historical Review

YEARLY HIGH

0.0980 NIO

YEARLY LOW

0.0812 NIO

YEARLY AVERAGE

0.0902 NIO

2017 NGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0980. Conversely, the yearly low was recorded on August 13, dropping to 0.0812.

This high-to-low spread represents a total annual volatility of 0.0168 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.0857, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0980 was down 31.78% compared to the 2016 peak of 0.1437, 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 98,016 NIO

2016 Average 116,264 NIO

Yearly Trough Low 81,186 NIO

Transaction Impact: A difference of 16,830.34 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0958

0.0829

JanuMarcMayJulySeptNove

NGN to NIO 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 0.0939, compared to 0.0866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.0939

H2 Avg (Jul–Dec) 0.0866

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0140 NIO (High: 0.0951 / Low: 0.0812). On the other end, December was the most stable month, with a tight range of 0.0003 NIO (High: 0.0858 / Low: 0.0855).

August Spread (Volatile) ±0.0140

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0108 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0947) against the same month in 2016 (average: 0.0979), the exchange rate shifted by -0.0032 (-3.23%).

2017 Avg (July) 0.0947

2016 Avg (July) 0.0979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0966	0.0919	0.0939
February	0.0967	0.0927	0.0936
March	0.0967	0.0922	0.0942
April	0.0965	0.0932	0.0940
May	0.0950	0.0914	0.0938
June	0.0955	0.0853	0.0936
July	0.0980	0.0857	0.0947
August	0.0951	0.0812	0.0839
September	0.0861	0.0833	0.0845
October	0.0856	0.0840	0.0849
November	0.0863	0.0848	0.0855
December	0.0858	0.0855	0.0857