YEARLY HIGH
1.4743 NGN
YEARLY LOW
1.2128 NGN
YEARLY AVERAGE
1.3333 NGN

2017 YER to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the YER to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.4743. Conversely, the yearly low was recorded on January 9, dropping to 1.2128.

This high-to-low spread represents a total annual volatility of 0.2615 NGN. From a start-to-finish perspective, comparing the January average rate of 1.2517 to the December average rate of 1.4374, the exchange rate registered a net change of 14.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4743 was up 5.81% compared to the 2016 peak of 1.3934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,372 NGN
2016 Average 5,328 NGN
Yearly Trough Low 6,064 NGN
Transaction Impact: A difference of 1,307.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4560
1.2331
JanuMarcMayJulySeptNove

YER 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 1.2609, compared to 1.4056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1447 points.

H1 Avg (Jan–Jun) 1.2609
H2 Avg (Jul–Dec) 1.4056

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2157 NGN (High: 1.4743 / Low: 1.2587). On the other end, December was the most stable month, with a tight range of 0.0110 NGN (High: 1.4430 / Low: 1.4320).

August Spread (Volatile) ±0.2157
December Spread (Stable) ±0.0110

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 0.0068 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.4268) against the same month in 2016 (average: 1.2896), the exchange rate shifted by +0.1372 (+10.64%).

2017 Avg (August) 1.4268
2016 Avg (August) 1.2896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2697 1.2128 1.2517
February 1.2697 1.2230 1.2606
March 1.2747 1.2257 1.2559
April 1.2687 1.2299 1.2587
May 1.2998 1.2526 1.2666
June 1.4002 1.2504 1.2719
July 1.4002 1.2218 1.2650
August 1.4743 1.2587 1.4268
September 1.4440 1.4163 1.4330
October 1.4411 1.4223 1.4350
November 1.4475 1.4223 1.4364
December 1.4430 1.4320 1.4374