YEARLY HIGH
55.2431 NGN
YEARLY LOW
45.7911 NGN
YEARLY AVERAGE
50.2814 NGN

2017 SDG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SDG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 55.2431. Conversely, the yearly low was recorded on March 19, dropping to 45.7911.

This high-to-low spread represents a total annual volatility of 9.4520 NGN. From a start-to-finish perspective, comparing the January average rate of 48.6565 to the December average rate of 53.4782, the exchange rate registered a net change of 9.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 55.2431 was down 3.56% compared to the 2016 peak of 57.2834, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 276,215 NGN
2016 Average 208,605 NGN
Yearly Trough Low 228,956 NGN
Transaction Impact: A difference of 47,259.75 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

54.5170
46.4539
JanuMarcMayJulySeptNove

SDG 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 47.9348, compared to 52.6280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6932 points.

H1 Avg (Jan–Jun) 47.9348
H2 Avg (Jul–Dec) 52.6280

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 8.0196 NGN (High: 55.2431 / Low: 47.2235). On the other end, October was the most stable month, with a tight range of 0.6254 NGN (High: 53.9587 / Low: 53.3333).

August Spread (Volatile) ±8.0196
October Spread (Stable) ±0.6254

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 1.1618 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 53.5220) against the same month in 2016 (average: 53.0431), the exchange rate shifted by +0.4789 (+0.90%).

2017 Avg (August) 53.5220
2016 Avg (August) 53.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.3137 47.2752 48.6565
February 49.6502 47.4196 48.9070
March 49.9867 45.7911 47.7452
April 47.5178 45.8779 47.1258
May 48.7945 46.8632 47.4841
June 52.5861 46.7856 47.6904
July 52.4623 45.8742 47.4748
August 55.2431 47.2235 53.5220
September 54.1428 53.1086 53.6690
October 53.9587 53.3333 53.7788
November 54.2378 53.2204 53.8451
December 54.1685 51.2056 53.4782