2017 NOK to NGN Historical Review

YEARLY HIGH

46.7181 NGN

YEARLY LOW

35.5478 NGN

YEARLY AVERAGE

40.4481 NGN

2017 NOK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 46.7181. Conversely, the yearly low was recorded on April 8, dropping to 35.5478.

This high-to-low spread represents a total annual volatility of 11.1703 NGN. From a start-to-finish perspective, comparing the January average rate of 36.9968 to the December average rate of 43.2890, the exchange rate registered a net change of 17.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 46.7181 was up 10.25% compared to the 2016 peak of 42.3763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233,590 NGN

2016 Average 153,644 NGN

Yearly Trough Low 177,739 NGN

Transaction Impact: A difference of 55,851.36 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

46.7154

35.7422

JanuMarcMayJulySeptNove

NOK 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 37.2226, compared to 43.6735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4509 points.

H1 Avg (Jan–Jun) 37.2226

H2 Avg (Jul–Dec) 43.6735

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 6.6336 NGN (High: 46.4565 / Low: 39.8230). On the other end, December was the most stable month, with a tight range of 1.1277 NGN (High: 43.7656 / Low: 42.6379).

August Spread (Volatile) ±6.6336

December Spread (Stable) ±1.1277

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9812 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 45.8009) against the same month in 2016 (average: 38.1013), the exchange rate shifted by +7.6996 (+20.21%).

2017 Avg (September) 45.8009

2016 Avg (September) 38.1013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0073	35.5765	36.9968
February	38.4231	37.1471	37.8460
March	37.8156	36.0635	36.9023
April	37.0397	35.5478	36.6566
May	38.9988	36.3381	37.3030
June	41.5741	36.8925	37.6309
July	43.5383	37.3944	38.8374
August	46.4565	39.8230	45.2622
September	46.7181	44.9639	45.8009
October	45.6600	43.8083	44.9164
November	44.3119	43.0748	43.9352
December	43.7656	42.6379	43.2890