2017 SZL to NGN Historical Review

YEARLY HIGH

29.1718 NGN

YEARLY LOW

22.2582 NGN

YEARLY AVERAGE

25.0721 NGN

2017 SZL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 29.1718. Conversely, the yearly low was recorded on January 9, dropping to 22.2582.

This high-to-low spread represents a total annual volatility of 6.9137 NGN. From a start-to-finish perspective, comparing the January average rate of 23.1136 to the December average rate of 27.4104, the exchange rate registered a net change of 18.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 29.1718 was up 13.72% compared to the 2016 peak of 25.6527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145,859 NGN

2016 Average 88,844 NGN

Yearly Trough Low 111,291 NGN

Transaction Impact: A difference of 34,568.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

27.8400

22.6839

JanuMarcMayJulySeptNove

SZL 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 23.8922, compared to 26.2520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3598 points.

H1 Avg (Jan–Jun) 23.8922

H2 Avg (Jul–Dec) 26.2520

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 3.9933 NGN (High: 27.7823 / Low: 23.7890). On the other end, January was the most stable month, with a tight range of 1.4688 NGN (High: 23.7270 / Low: 22.2582).

August Spread (Volatile) ±3.9933

January Spread (Stable) ±1.4688

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0511 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 27.4104) against the same month in 2016 (average: 22.6872), the exchange rate shifted by +4.7232 (+20.82%).

2017 Avg (December) 27.4104

2016 Avg (December) 22.6872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.7270	22.2582	23.1136
February	24.4882	22.6765	23.8769
March	25.3225	23.5328	24.3087
April	24.5054	22.2683	23.4009
May	25.1355	23.0605	23.9331
June	26.9217	24.0679	24.7200
July	27.0835	23.2606	24.1075
August	27.7823	23.7890	26.9736
September	28.1126	26.3350	27.2958
October	26.9826	25.2891	26.2447
November	26.3267	24.8194	25.4800
December	29.1718	26.1909	27.4104