YEARLY HIGH
0.0140 RON
YEARLY LOW
0.0105 RON
YEARLY AVERAGE
0.0122 RON

2017 NGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0140. Conversely, the yearly low was recorded on August 5, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0035 RON. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0109, the exchange rate registered a net change of -19.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0140 was down 33.61% compared to the 2016 peak of 0.0211, 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 13,998 RON
2016 Average 16,525 RON
Yearly Trough Low 10,497 RON
Transaction Impact: A difference of 3,501.26 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0138
0.0105
JanuMarcMayJulySeptNove

NGN to RON 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 0.0133, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0133
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0017 RON (High: 0.0122 / Low: 0.0105). On the other end, December was the most stable month, with a tight range of 0.0002 RON (High: 0.0110 / Low: 0.0108).

August Spread (Volatile) ±0.0017
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0135) against the same month in 2016 (average: 0.0210), the exchange rate shifted by -0.0074 (-35.40%).

2017 Avg (January) 0.0135
2016 Avg (January) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0132 0.0135
February 0.0138 0.0132 0.0135
March 0.0139 0.0133 0.0136
April 0.0139 0.0131 0.0134
May 0.0133 0.0125 0.0130
June 0.0130 0.0114 0.0128
July 0.0130 0.0113 0.0125
August 0.0122 0.0105 0.0109
September 0.0110 0.0106 0.0108
October 0.0111 0.0108 0.0109
November 0.0111 0.0108 0.0110
December 0.0110 0.0108 0.0109