YEARLY HIGH
0.0089 XCD
YEARLY LOW
0.0073 XCD
YEARLY AVERAGE
0.0081 XCD

2017 NGN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0089. Conversely, the yearly low was recorded on August 5, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0016 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0075, 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 0.0089 was down 34.65% compared to the 2016 peak of 0.0136, 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 8,904 XCD
2016 Average 11,015 XCD
Yearly Trough Low 7,324 XCD
Transaction Impact: A difference of 1,580.48 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0087
0.0074
JanuMarcMayJulySeptNove

NGN to XCD 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 0.0086, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0086
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0013 XCD (High: 0.0086 / Low: 0.0073). On the other end, December was the most stable month, with a tight range of 0.0001 XCD (High: 0.0075 / Low: 0.0075).

August Spread (Volatile) ±0.0013
December Spread (Stable) ±0.0001

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 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0086) against the same month in 2016 (average: 0.0136), the exchange rate shifted by -0.0049 (-36.37%).

2017 Avg (January) 0.0086
2016 Avg (January) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0089 0.0085 0.0086
February 0.0088 0.0085 0.0086
March 0.0088 0.0085 0.0086
April 0.0088 0.0085 0.0086
May 0.0086 0.0083 0.0085
June 0.0086 0.0077 0.0085
July 0.0088 0.0077 0.0085
August 0.0086 0.0073 0.0076
September 0.0076 0.0075 0.0075
October 0.0076 0.0075 0.0075
November 0.0076 0.0075 0.0075
December 0.0075 0.0075 0.0075