2017 NGN to TRY Historical Review

YEARLY HIGH

0.0124 TRY

YEARLY LOW

0.0094 TRY

YEARLY AVERAGE

0.0110 TRY

2017 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0124. Conversely, the yearly low was recorded on September 10, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0030 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0107, the exchange rate registered a net change of -10.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0124 was down 18.99% compared to the 2016 peak of 0.0153, 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 12,413 TRY

2016 Average 12,241 TRY

Yearly Trough Low 9,434 TRY

Transaction Impact: A difference of 2,978.73 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0122

0.0094

JanuMarcMayJulySeptNove

NGN to TRY 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 0.0115, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0115

H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0017 TRY (High: 0.0112 / Low: 0.0096). On the other end, December was the most stable month, with a tight range of 0.0004 TRY (High: 0.0109 / Low: 0.0105).

August Spread (Volatile) ±0.0017

December Spread (Stable) ±0.0004

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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0120) against the same month in 2016 (average: 0.0151), the exchange rate shifted by -0.0031 (-20.72%).

2017 Avg (January) 0.0120

2016 Avg (January) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0124	0.0112	0.0120
February	0.0123	0.0113	0.0116
March	0.0120	0.0114	0.0117
April	0.0121	0.0112	0.0116
May	0.0115	0.0109	0.0113
June	0.0113	0.0100	0.0111
July	0.0115	0.0101	0.0112
August	0.0112	0.0096	0.0098
September	0.0100	0.0094	0.0097
October	0.0107	0.0099	0.0102
November	0.0110	0.0106	0.0108
December	0.0109	0.0105	0.0107