YEARLY HIGH
48.1687 NGN
YEARLY LOW
38.5634 NGN
YEARLY AVERAGE
42.7200 NGN

2017 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 48.1687. Conversely, the yearly low was recorded on January 9, dropping to 38.5634.

This high-to-low spread represents a total annual volatility of 9.6054 NGN. From a start-to-finish perspective, comparing the January average rate of 39.8527 to the December average rate of 46.2709, the exchange rate registered a net change of 16.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 48.1687 was up 8.52% compared to the 2016 peak of 44.3888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 240,844 NGN
2016 Average 163,070 NGN
Yearly Trough Low 192,817 NGN
Transaction Impact: A difference of 48,026.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

46.9127
39.2108
JanuMarcMayJulySeptNove

SBD 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 40.2814, compared to 45.1585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8772 points.

H1 Avg (Jan–Jun) 40.2814
H2 Avg (Jul–Dec) 45.1585

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 7.1066 NGN (High: 48.1687 / Low: 41.0621). On the other end, December was the most stable month, with a tight range of 0.4917 NGN (High: 46.4665 / Low: 45.9748).

August Spread (Volatile) ±7.1066
December Spread (Stable) ±0.4917

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2086 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 46.1091) against the same month in 2016 (average: 41.2070), the exchange rate shifted by +4.9021 (+11.90%).

2017 Avg (August) 46.1091
2016 Avg (August) 41.2070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.4301 38.5634 39.8527
February 40.9340 39.1556 40.5118
March 41.0159 39.4083 40.3878
April 40.8953 39.6426 40.2857
May 41.2726 39.4488 40.2408
June 44.3569 39.6043 40.4093
July 44.6987 38.7964 40.4618
August 48.1687 41.0621 46.1091
September 46.7611 45.6104 46.2007
October 46.2824 45.5880 45.9922
November 46.4889 45.1316 45.9165
December 46.4665 45.9748 46.2709