YEARLY HIGH
0.0221 TTD
YEARLY LOW
0.0183 TTD
YEARLY AVERAGE
0.0203 TTD

2017 NGN to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0221. Conversely, the yearly low was recorded on August 5, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0037 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0215 to the December average rate of 0.0187, the exchange rate registered a net change of -12.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0221 was down 34.05% compared to the 2016 peak of 0.0335, 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 22,085 TTD
2016 Average 26,975 TTD
Yearly Trough Low 18,339 TTD
Transaction Impact: A difference of 3,745.72 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0217
0.0184
JanuMarcMayJulySeptNove

NGN to TTD 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 0.0213, compared to 0.0192 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) 0.0213
H2 Avg (Jul–Dec) 0.0192

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0031 TTD (High: 0.0214 / Low: 0.0183). On the other end, December was the most stable month, with a tight range of 0.0002 TTD (High: 0.0187 / Low: 0.0186).

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

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0215) against the same month in 2016 (average: 0.0323), the exchange rate shifted by -0.0108 (-33.53%).

2017 Avg (January) 0.0215
2016 Avg (January) 0.0323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0212 0.0215
February 0.0220 0.0211 0.0213
March 0.0220 0.0209 0.0214
April 0.0219 0.0212 0.0214
May 0.0214 0.0207 0.0212
June 0.0214 0.0192 0.0211
July 0.0220 0.0193 0.0213
August 0.0214 0.0183 0.0189
September 0.0193 0.0187 0.0189
October 0.0190 0.0186 0.0188
November 0.0189 0.0186 0.0187
December 0.0187 0.0186 0.0187