2017 NGN to NOK Historical Review

YEARLY HIGH

0.0281 NOK

YEARLY LOW

0.0214 NOK

YEARLY AVERAGE

0.0249 NOK

2017 NGN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0281. Conversely, the yearly low was recorded on September 8, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0067 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0270 to the December average rate of 0.0231, the exchange rate registered a net change of -14.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0281 was down 37.42% compared to the 2016 peak of 0.0450, 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 28,131 NOK

2016 Average 34,291 NOK

Yearly Trough Low 21,405 NOK

Transaction Impact: A difference of 6,726.14 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0278

0.0213

JanuMarcMayJulySeptNove

NGN to NOK 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 0.0269, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0269

H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0038 NOK (High: 0.0267 / Low: 0.0230). On the other end, December was the most stable month, with a tight range of 0.0006 NOK (High: 0.0235 / Low: 0.0228).

July Spread (Volatile) ±0.0038

December Spread (Stable) ±0.0006

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 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0273) against the same month in 2016 (average: 0.0413), the exchange rate shifted by -0.0141 (-33.99%).

2017 Avg (April) 0.0273

2016 Avg (April) 0.0413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0281	0.0263	0.0270
February	0.0269	0.0260	0.0264
March	0.0277	0.0264	0.0271
April	0.0281	0.0270	0.0273
May	0.0275	0.0256	0.0268
June	0.0271	0.0241	0.0266
July	0.0267	0.0230	0.0258
August	0.0251	0.0215	0.0221
September	0.0222	0.0214	0.0218
October	0.0228	0.0219	0.0223
November	0.0232	0.0226	0.0228
December	0.0235	0.0228	0.0231