2017 NIO to NGN Historical Review

YEARLY HIGH

12.3174 NGN

YEARLY LOW

10.2024 NGN

YEARLY AVERAGE

11.1180 NGN

2017 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 12.3174. Conversely, the yearly low was recorded on July 17, dropping to 10.2024.

This high-to-low spread represents a total annual volatility of 2.1150 NGN. From a start-to-finish perspective, comparing the January average rate of 10.6486 to the December average rate of 11.6706, the exchange rate registered a net change of 9.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 12.3174 was up 2.16% compared to the 2016 peak of 12.0575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 61,587 NGN

2016 Average 44,928 NGN

Yearly Trough Low 51,012 NGN

Transaction Impact: A difference of 10,575.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

12.0728

10.4286

JanuMarcMayJulySeptNove

NIO to NGN 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 10.6569, compared to 11.5791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9222 points.

H1 Avg (Jan–Jun) 10.6569

H2 Avg (Jul–Dec) 11.5791

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.8067 NGN (High: 12.3174 / Low: 10.5107). On the other end, December was the most stable month, with a tight range of 0.0426 NGN (High: 11.6964 / Low: 11.6539).

August Spread (Volatile) ±1.8067

December Spread (Stable) ±0.0426

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1281 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 11.9358) against the same month in 2016 (average: 11.1853), the exchange rate shifted by +0.7505 (+6.71%).

2017 Avg (August) 11.9358

2016 Avg (August) 11.1853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8785	10.3524	10.6486
February	10.7883	10.3379	10.6823
March	10.8441	10.3465	10.6159
April	10.7258	10.3662	10.6363
May	10.9391	10.5230	10.6643
June	11.7286	10.4716	10.6937
July	11.6714	10.2024	10.5656
August	12.3174	10.5107	11.9358
September	12.0119	11.6162	11.8316
October	11.9001	11.6758	11.7763
November	11.7903	11.5841	11.6946
December	11.6964	11.6539	11.6706