YEARLY HIGH
95.2689 NGN
YEARLY LOW
71.4395 NGN
YEARLY AVERAGE
82.6401 NGN

2017 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 95.2689. Conversely, the yearly low was recorded on January 1, dropping to 71.4395.

This high-to-low spread represents a total annual volatility of 23.8295 NGN. From a start-to-finish perspective, comparing the January average rate of 73.9152 to the December average rate of 91.8813, the exchange rate registered a net change of 24.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 95.2689 was up 7.78% compared to the 2016 peak of 88.3931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 476,345 NGN
2016 Average 317,082 NGN
Yearly Trough Low 357,197 NGN
Transaction Impact: A difference of 119,147.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

94.8596
71.8811
JanuMarcMayJulySeptNove

RON 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 75.2798, compared to 90.0003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.7205 points.

H1 Avg (Jan–Jun) 75.2798
H2 Avg (Jul–Dec) 90.0003

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 13.4180 NGN (High: 95.2689 / Low: 81.8509). On the other end, December was the most stable month, with a tight range of 1.3188 NGN (High: 92.4683 / Low: 91.1495).

August Spread (Volatile) ±13.4180
December Spread (Stable) ±1.3188

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9667 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.9667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 92.1108) against the same month in 2016 (average: 81.0326), the exchange rate shifted by +11.0783 (+13.67%).

2017 Avg (August) 92.1108
2016 Avg (August) 81.0326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 75.6779 71.4395 73.9152
February 75.6044 72.5245 74.3184
March 75.1378 72.1062 73.7959
April 76.0559 72.1068 74.4747
May 80.1980 75.4096 76.9973
June 87.6863 76.7468 78.1772
July 88.4677 76.9130 79.9337
August 95.2689 81.8509 92.1108
September 94.5541 91.2001 92.9447
October 92.9223 90.3662 91.9780
November 92.6367 89.8088 91.1534
December 92.4683 91.1495 91.8813