YEARLY HIGH
49.6133 NGN
YEARLY LOW
40.4789 NGN
YEARLY AVERAGE
44.5713 NGN

2017 SRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 49.6133. Conversely, the yearly low was recorded on January 31, dropping to 40.4789.

This high-to-low spread represents a total annual volatility of 9.1344 NGN. From a start-to-finish perspective, comparing the January average rate of 41.9291 to the December average rate of 48.2608, the exchange rate registered a net change of 15.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 49.6133 was down 0.86% compared to the 2016 peak of 50.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 248,067 NGN
2016 Average 213,120 NGN
Yearly Trough Low 202,395 NGN
Transaction Impact: A difference of 45,671.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

48.9351
40.9286
JanuMarcMayJulySeptNove

SRD 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 41.9175, compared to 47.2251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3077 points.

H1 Avg (Jan–Jun) 41.9175
H2 Avg (Jul–Dec) 47.2251

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 7.3117 NGN (High: 49.6133 / Low: 42.3016). On the other end, December was the most stable month, with a tight range of 0.4197 NGN (High: 48.4803 / Low: 48.0606).

August Spread (Volatile) ±7.3117
December Spread (Stable) ±0.4197

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2342 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 47.9958) against the same month in 2016 (average: 44.8758), the exchange rate shifted by +3.1200 (+6.95%).

2017 Avg (August) 47.9958
2016 Avg (August) 44.8758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.5275 40.4789 41.9291
February 42.1795 40.7103 41.8300
March 42.2218 40.5507 41.5958
April 42.0697 40.7486 41.7455
May 43.1639 41.5940 42.0604
June 46.6866 41.5803 42.3440
July 46.8708 40.8981 42.3537
August 49.6133 42.3016 47.9958
September 48.5991 47.6607 48.2242
October 48.4264 47.7981 48.2483
November 48.6417 47.7981 48.2679
December 48.4803 48.0606 48.2608