YEARLY HIGH
0.6328 NGN
YEARLY LOW
0.5252 NGN
YEARLY AVERAGE
0.5761 NGN

2017 SOS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SOS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.6328. Conversely, the yearly low was recorded on January 7, dropping to 0.5252.

This high-to-low spread represents a total annual volatility of 0.1075 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5419 to the December average rate of 0.6203, the exchange rate registered a net change of 14.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6328 was up 5.86% compared to the 2016 peak of 0.5977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,164 NGN
2016 Average 2,184 NGN
Yearly Trough Low 2,626 NGN
Transaction Impact: A difference of 537.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6285
0.5340
JanuMarcMayJulySeptNove

SOS 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 0.5450, compared to 0.6072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 0.5450
H2 Avg (Jul–Dec) 0.6072

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0875 NGN (High: 0.6328 / Low: 0.5453). On the other end, October was the most stable month, with a tight range of 0.0124 NGN (High: 0.6235 / Low: 0.6111).

August Spread (Volatile) ±0.0875
October Spread (Stable) ±0.0124

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 June and July, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.6171) against the same month in 2016 (average: 0.5537), the exchange rate shifted by +0.0634 (+11.45%).

2017 Avg (August) 0.6171
2016 Avg (August) 0.5537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5509 0.5252 0.5419
February 0.5513 0.5269 0.5445
March 0.5547 0.5291 0.5430
April 0.5494 0.5302 0.5435
May 0.5631 0.5429 0.5478
June 0.6062 0.5395 0.5496
July 0.6058 0.5289 0.5479
August 0.6328 0.5453 0.6171
September 0.6261 0.6029 0.6174
October 0.6235 0.6111 0.6199
November 0.6260 0.6061 0.6206
December 0.6265 0.6065 0.6203