2017 NGN to XOF Historical Review

YEARLY HIGH

2.0481 XOF

YEARLY LOW

1.5076 XOF

YEARLY AVERAGE

1.7580 XOF

2017 NGN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.0481. Conversely, the yearly low was recorded on September 8, dropping to 1.5076.

This high-to-low spread represents a total annual volatility of 0.5406 XOF. From a start-to-finish perspective, comparing the January average rate of 1.9769 to the December average rate of 1.5397, the exchange rate registered a net change of -22.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0481 was down 33.46% compared to the 2016 peak of 3.0780, 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 2,048,131 XOF

2016 Average 2,424,753 XOF

Yearly Trough Low 1,507,554 XOF

Transaction Impact: A difference of 540,577.03 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0211

1.4909

JanuMarcMayJulySeptNove

NGN to XOF 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 1.9260, compared to 1.5900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3360 points.

H1 Avg (Jan–Jun) 1.9260

H2 Avg (Jul–Dec) 1.5900

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2506 XOF (High: 1.7604 / Low: 1.5097). On the other end, December was the most stable month, with a tight range of 0.0322 XOF (High: 1.5536 / Low: 1.5215).

August Spread (Volatile) ±0.2506

December Spread (Stable) ±0.0322

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 0.2434 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.9769) against the same month in 2016 (average: 3.0497), the exchange rate shifted by -1.0728 (-35.18%).

2017 Avg (January) 1.9769

2016 Avg (January) 3.0497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0481	1.9296	1.9769
February	2.0028	1.9261	1.9600
March	2.0045	1.9230	1.9610
April	2.0087	1.9031	1.9455
May	1.9106	1.8013	1.8735
June	1.8672	1.6545	1.8391
July	1.8694	1.6233	1.8006
August	1.7604	1.5097	1.5572
September	1.5637	1.5076	1.5351
October	1.5747	1.5372	1.5539
November	1.5869	1.5261	1.5538
December	1.5536	1.5215	1.5397