YEARLY HIGH
0.0896 UAH
YEARLY LOW
0.0699 UAH
YEARLY AVERAGE
0.0801 UAH

2017 NGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0896. Conversely, the yearly low was recorded on August 15, dropping to 0.0699.

This high-to-low spread represents a total annual volatility of 0.0197 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0766, the exchange rate registered a net change of -12.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0896 was down 34.59% compared to the 2016 peak of 0.1370, 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 89,637 UAH
2016 Average 104,106 UAH
Yearly Trough Low 69,931 UAH
Transaction Impact: A difference of 19,705.63 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0885
0.0703
JanuMarcMayJulySeptNove

NGN to UAH 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 0.0849, compared to 0.0753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.0849
H2 Avg (Jul–Dec) 0.0753

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0122 UAH (High: 0.0821 / Low: 0.0699). On the other end, October was the most stable month, with a tight range of 0.0015 UAH (High: 0.0749 / Low: 0.0734).

August Spread (Volatile) ±0.0122
October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0101 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0870) against the same month in 2016 (average: 0.1221), the exchange rate shifted by -0.0351 (-28.75%).

2017 Avg (January) 0.0870
2016 Avg (January) 0.1221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0896 0.0845 0.0870
February 0.0884 0.0845 0.0859
March 0.0880 0.0838 0.0859
April 0.0879 0.0841 0.0853
May 0.0843 0.0806 0.0833
June 0.0835 0.0743 0.0819
July 0.0847 0.0741 0.0819
August 0.0821 0.0699 0.0718
September 0.0742 0.0717 0.0730
October 0.0749 0.0734 0.0742
November 0.0756 0.0731 0.0742
December 0.0784 0.0749 0.0766