YEARLY HIGH
42.1771 NGN
YEARLY LOW
34.7759 NGN
YEARLY AVERAGE
38.1380 NGN

2017 SVC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SVC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 42.1771. Conversely, the yearly low was recorded on January 7, dropping to 34.7759.

This high-to-low spread represents a total annual volatility of 7.4011 NGN. From a start-to-finish perspective, comparing the January average rate of 35.7875 to the December average rate of 41.1030, the exchange rate registered a net change of 14.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 42.1771 was up 5.90% compared to the 2016 peak of 39.8283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,885 NGN
2016 Average 147,327 NGN
Yearly Trough Low 173,880 NGN
Transaction Impact: A difference of 37,005.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

41.6345
35.2560
JanuMarcMayJulySeptNove

SVC 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 36.0601, compared to 40.2159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1558 points.

H1 Avg (Jan–Jun) 36.0601
H2 Avg (Jul–Dec) 40.2159

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 6.1447 NGN (High: 42.1771 / Low: 36.0323). On the other end, December was the most stable month, with a tight range of 0.2566 NGN (High: 41.2638 / Low: 41.0072).

August Spread (Volatile) ±6.1447
December Spread (Stable) ±0.2566

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1668 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 40.8515) against the same month in 2016 (average: 36.8691), the exchange rate shifted by +3.9823 (+10.80%).

2017 Avg (August) 40.8515
2016 Avg (August) 36.8691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.2793 34.7759 35.7875
February 36.3582 34.8326 36.0250
March 36.6904 34.9782 35.9049
April 36.2764 35.0445 35.9697
May 37.2324 35.9150 36.2628
June 40.1283 35.7758 36.4106
July 40.0359 35.0018 36.2438
August 42.1771 36.0323 40.8515
September 41.3190 40.5659 40.9598
October 41.1888 40.7619 41.0406
November 41.3905 40.6121 41.0970
December 41.2638 41.0072 41.1030