2017 VEF to NGN Historical Review

YEARLY HIGH

36.6242 NGN

YEARLY LOW

30.2352 NGN

YEARLY AVERAGE

33.0264 NGN

2017 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 36.6242. Conversely, the yearly low was recorded on July 29, dropping to 30.2352.

This high-to-low spread represents a total annual volatility of 6.3890 NGN. From a start-to-finish perspective, comparing the January average rate of 31.3498 to the December average rate of 34.9487, the exchange rate registered a net change of 11.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 36.6242 was up 5.01% compared to the 2016 peak of 34.8785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,121 NGN

2016 Average 143,458 NGN

Yearly Trough Low 151,176 NGN

Transaction Impact: A difference of 31,944.95 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

36.0545

30.9012

JanuMarcMayJulySeptNove

VEF 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 31.4776, compared to 34.5752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0976 points.

H1 Avg (Jan–Jun) 31.4776

H2 Avg (Jul–Dec) 34.5752

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 5.5248 NGN (High: 36.6242 / Low: 31.0994). On the other end, April was the most stable month, with a tight range of 0.9741 NGN (High: 31.7976 / Low: 30.8236).

August Spread (Volatile) ±5.5248

April Spread (Stable) ±0.9741

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.7634 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 35.1838) against the same month in 2016 (average: 32.3185), the exchange rate shifted by +2.8652 (+8.87%).

2017 Avg (August) 35.1838

2016 Avg (August) 32.3185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7659	30.3976	31.3498
February	31.7976	30.5989	31.5633
March	31.8818	30.6414	31.4218
April	31.7976	30.8236	31.3306
May	32.0473	30.8686	31.4775
June	34.8159	30.8414	31.7228
July	35.0675	30.2352	31.3685
August	36.6242	31.0994	35.1838
September	36.2022	34.9741	35.6250
October	36.0506	33.9641	35.5444
November	35.9807	32.7533	34.7810
December	36.1357	33.2319	34.9487