2017 NGN to VEF Historical Review

YEARLY HIGH

0.0331 VEF

YEARLY LOW

0.0273 VEF

YEARLY AVERAGE

0.0304 VEF

2017 NGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.0331. Conversely, the yearly low was recorded on August 5, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0058 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0286, the exchange rate registered a net change of -10.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0331 was down 34.16% compared to the 2016 peak of 0.0502, 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 33,074 VEF

2016 Average 36,114 VEF

Yearly Trough Low 27,304 VEF

Transaction Impact: A difference of 5,769.66 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0323

0.0277

JanuMarcMayJulySeptNove

NGN to VEF 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 0.0318, compared to 0.0290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0290

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0049 VEF (High: 0.0322 / Low: 0.0273). On the other end, September was the most stable month, with a tight range of 0.0010 VEF (High: 0.0286 / Low: 0.0276).

August Spread (Volatile) ±0.0049

September Spread (Stable) ±0.0010

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 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0319) against the same month in 2016 (average: 0.0342), the exchange rate shifted by -0.0023 (-6.65%).

2017 Avg (July) 0.0319

2016 Avg (July) 0.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0329	0.0315	0.0319
February	0.0327	0.0314	0.0317
March	0.0326	0.0314	0.0318
April	0.0324	0.0314	0.0319
May	0.0324	0.0312	0.0318
June	0.0324	0.0287	0.0315
July	0.0331	0.0285	0.0319
August	0.0322	0.0273	0.0285
September	0.0286	0.0276	0.0281
October	0.0294	0.0277	0.0281
November	0.0305	0.0278	0.0288
December	0.0301	0.0277	0.0286