YEARLY HIGH
0.0218 SDG
YEARLY LOW
0.0181 SDG
YEARLY AVERAGE
0.0200 SDG

2017 NGN to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0218. Conversely, the yearly low was recorded on August 5, dropping to 0.0181.

This high-to-low spread represents a total annual volatility of 0.0037 SDG. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0187, the exchange rate registered a net change of -9.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0218 was down 29.48% compared to the 2016 peak of 0.0310, 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 21,838 SDG
2016 Average 25,079 SDG
Yearly Trough Low 18,102 SDG
Transaction Impact: A difference of 3,736.48 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0215
0.0183
JanuMarcMayJulySeptNove

NGN to SDG 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 0.0209, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0209
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0031 SDG (High: 0.0212 / Low: 0.0181). On the other end, October was the most stable month, with a tight range of 0.0002 SDG (High: 0.0187 / Low: 0.0185).

August Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.0210) against the same month in 2016 (average: 0.0306), the exchange rate shifted by -0.0097 (-31.59%).

2017 Avg (March) 0.0210
2016 Avg (March) 0.0306

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0212 0.0203 0.0206
February 0.0211 0.0201 0.0204
March 0.0218 0.0200 0.0210
April 0.0218 0.0210 0.0212
May 0.0213 0.0205 0.0211
June 0.0214 0.0190 0.0210
July 0.0218 0.0191 0.0211
August 0.0212 0.0181 0.0187
September 0.0188 0.0185 0.0186
October 0.0187 0.0185 0.0186
November 0.0188 0.0184 0.0186
December 0.0195 0.0185 0.0187