YEARLY HIGH
1.5997 AMD
YEARLY LOW
1.2998 AMD
YEARLY AVERAGE
1.4527 AMD

2017 NGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.5997. Conversely, the yearly low was recorded on August 5, dropping to 1.2998.

This high-to-low spread represents a total annual volatility of 0.3000 AMD. From a start-to-finish perspective, comparing the January average rate of 1.5503 to the December average rate of 1.3438, the exchange rate registered a net change of -13.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5997 was down 35.87% compared to the 2016 peak of 2.4946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 1,599,745 AMD
2016 Average 1,962,239 AMD
Yearly Trough Low 1,299,778 AMD
Transaction Impact: A difference of 299,966.66 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5720
1.3127
JanuMarcMayJulySeptNove

NGN to AMD 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 1.5357, compared to 1.3697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1660 points.

H1 Avg (Jan–Jun) 1.5357
H2 Avg (Jul–Dec) 1.3697

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2203 AMD (High: 1.5200 / Low: 1.2998). On the other end, December was the most stable month, with a tight range of 0.0095 AMD (High: 1.3485 / Low: 1.3389).

August Spread (Volatile) ±0.2203
December Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.1707 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.5503) against the same month in 2016 (average: 2.4385), the exchange rate shifted by -0.8882 (-36.42%).

2017 Avg (January) 1.5503
2016 Avg (January) 2.4385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5997 1.5262 1.5503
February 1.5900 1.5291 1.5433
March 1.5795 1.5146 1.5436
April 1.5822 1.5267 1.5400
May 1.5419 1.4814 1.5247
June 1.5414 1.3671 1.5123
July 1.5647 1.3667 1.5123
August 1.5200 1.2998 1.3416
September 1.3461 1.3233 1.3343
October 1.3482 1.3280 1.3379
November 1.3627 1.3382 1.3485
December 1.3485 1.3389 1.3438