YEARLY HIGH
0.0259 SBD
YEARLY LOW
0.0208 SBD
YEARLY AVERAGE
0.0235 SBD

2017 NGN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0259. Conversely, the yearly low was recorded on August 5, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0052 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0216, the exchange rate registered a net change of -13.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0259 was down 37.30% compared to the 2016 peak of 0.0414, 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 25,931 SBD
2016 Average 32,315 SBD
Yearly Trough Low 20,760 SBD
Transaction Impact: A difference of 5,170.98 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0254
0.0213
JanuMarcMayJulySeptNove

NGN to SBD 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 0.0248, compared to 0.0222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0248
H2 Avg (Jul–Dec) 0.0222

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0036 SBD (High: 0.0244 / Low: 0.0208). On the other end, December was the most stable month, with a tight range of 0.0002 SBD (High: 0.0218 / Low: 0.0215).

August Spread (Volatile) ±0.0036
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0251) against the same month in 2016 (average: 0.0409), the exchange rate shifted by -0.0158 (-38.64%).

2017 Avg (January) 0.0251
2016 Avg (January) 0.0409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0247 0.0251
February 0.0255 0.0244 0.0247
March 0.0254 0.0244 0.0248
April 0.0252 0.0245 0.0248
May 0.0253 0.0242 0.0249
June 0.0252 0.0225 0.0248
July 0.0258 0.0224 0.0247
August 0.0244 0.0208 0.0217
September 0.0219 0.0214 0.0216
October 0.0219 0.0216 0.0217
November 0.0222 0.0215 0.0218
December 0.0218 0.0215 0.0216