YEARLY HIGH
27.6878 NGN
YEARLY LOW
22.2120 NGN
YEARLY AVERAGE
24.5553 NGN

2017 SCR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 27.6878. Conversely, the yearly low was recorded on July 17, dropping to 22.2120.

This high-to-low spread represents a total annual volatility of 5.4758 NGN. From a start-to-finish perspective, comparing the January average rate of 23.4072 to the December average rate of 25.8322, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 27.6878 was up 5.56% compared to the 2016 peak of 26.2297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138,439 NGN
2016 Average 97,120 NGN
Yearly Trough Low 111,060 NGN
Transaction Impact: A difference of 27,378.78 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.6202
23.0113
JanuMarcMayJulySeptNove

SCR 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 23.4294, compared to 25.6813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2519 points.

H1 Avg (Jan–Jun) 23.4294
H2 Avg (Jul–Dec) 25.6813

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 4.4473 NGN (High: 27.6878 / Low: 23.2405). On the other end, September was the most stable month, with a tight range of 1.0901 NGN (High: 26.9585 / Low: 25.8684).

August Spread (Volatile) ±4.4473
September Spread (Stable) ±1.0901

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 0.2374 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 26.2983) against the same month in 2016 (average: 24.3598), the exchange rate shifted by +1.9385 (+7.96%).

2017 Avg (August) 26.2983
2016 Avg (August) 24.3598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.3479 22.7011 23.4072
February 24.0986 22.9676 23.4415
March 24.3306 22.7469 23.3121
April 24.1564 22.4912 23.3735
May 24.1725 22.8927 23.4099
June 25.7295 22.9044 23.6322
July 26.1135 22.2120 23.3949
August 27.6878 23.2405 26.2983
September 26.9585 25.8684 26.3194
October 26.7990 25.5312 26.2259
November 27.2397 25.5295 26.0168
December 26.9157 25.5174 25.8322