2017 NGN to USD Historical Review

YEARLY HIGH

0.0033 USD

YEARLY LOW

0.0027 USD

YEARLY AVERAGE

0.0030 USD

2017 NGN to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0033. Conversely, the yearly low was recorded on August 5, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0006 USD. From a start-to-finish perspective, comparing the January average rate of 0.0032 to the December average rate of 0.0028, the exchange rate registered a net change of -12.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0033 was down 34.69% compared to the 2016 peak of 0.0050, 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 3,295 USD

2016 Average 4,078 USD

Yearly Trough Low 2,710 USD

Transaction Impact: A difference of 584.81 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0032

0.0027

JanuMarcMayJulySeptNove

NGN to USD 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 0.0032, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0032

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0005 USD (High: 0.0032 / Low: 0.0027). On the other end, December was the most stable month, with a tight range of 0.0000 USD (High: 0.0028 / Low: 0.0028).

August Spread (Volatile) ±0.0005

December Spread (Stable) ±0.0000

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 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0032) against the same month in 2016 (average: 0.0050), the exchange rate shifted by -0.0018 (-36.41%).

2017 Avg (January) 0.0032

2016 Avg (January) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0033	0.0031	0.0032
February	0.0033	0.0031	0.0032
March	0.0033	0.0031	0.0032
April	0.0032	0.0031	0.0032
May	0.0032	0.0031	0.0032
June	0.0032	0.0029	0.0031
July	0.0033	0.0029	0.0032
August	0.0032	0.0027	0.0028
September	0.0028	0.0028	0.0028
October	0.0028	0.0028	0.0028
November	0.0028	0.0028	0.0028
December	0.0028	0.0028	0.0028