YEARLY HIGH
136.5465 NGN
YEARLY LOW
112.3092 NGN
YEARLY AVERAGE
123.4458 NGN

2017 XCD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the XCD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 136.5465. Conversely, the yearly low was recorded on January 9, dropping to 112.3092.

This high-to-low spread represents a total annual volatility of 24.2373 NGN. From a start-to-finish perspective, comparing the January average rate of 115.8530 to the December average rate of 133.1237, the exchange rate registered a net change of 14.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 136.5465 was up 5.90% compared to the 2016 peak of 128.9357, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 682,733 NGN
2016 Average 476,994 NGN
Yearly Trough Low 561,546 NGN
Transaction Impact: A difference of 121,186.53 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

134.8507
114.1259
JanuMarcMayJulySeptNove

XCD 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 116.7143, compared to 130.1772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.4629 points.

H1 Avg (Jan–Jun) 116.7143
H2 Avg (Jul–Dec) 130.1772

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 19.9615 NGN (High: 136.5465 / Low: 116.5850). On the other end, December was the most stable month, with a tight range of 0.9789 NGN (High: 133.6077 / Low: 132.6288).

August Spread (Volatile) ±19.9615
December Spread (Stable) ±0.9789

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 0.6180 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 132.1049) against the same month in 2016 (average: 119.4527), the exchange rate shifted by +12.6522 (+10.59%).

2017 Avg (August) 132.1049
2016 Avg (August) 119.4527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 117.4816 112.3092 115.8530
February 117.4816 113.1658 116.6482
March 117.8517 113.2097 116.1305
April 117.4816 113.8828 116.5621
May 120.3856 116.0071 117.3073
June 129.6923 115.8149 117.7848
July 129.6923 113.1658 117.1668
August 136.5465 116.5850 132.1049
September 133.7552 131.1724 132.7233
October 133.4591 131.7274 132.9222
November 134.0525 131.7274 133.0224
December 133.6077 132.6288 133.1237