YEARLY HIGH
36.6033 NGN
YEARLY LOW
28.5864 NGN
YEARLY AVERAGE
32.2686 NGN

2017 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 36.6033. Conversely, the yearly low was recorded on January 9, dropping to 28.5864.

This high-to-low spread represents a total annual volatility of 8.0169 NGN. From a start-to-finish perspective, comparing the January average rate of 29.5758 to the December average rate of 35.4345, the exchange rate registered a net change of 19.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 36.6033 was up 9.59% compared to the 2016 peak of 33.4002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,016 NGN
2016 Average 118,922 NGN
Yearly Trough Low 142,932 NGN
Transaction Impact: A difference of 40,084.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

36.0203
28.9900
JanuMarcMayJulySeptNove

BWP 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 30.3014, compared to 34.2359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9344 points.

H1 Avg (Jan–Jun) 30.3014
H2 Avg (Jul–Dec) 34.2359

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 5.1577 NGN (High: 35.9771 / Low: 30.8194). On the other end, November was the most stable month, with a tight range of 1.1592 NGN (High: 34.8279 / Low: 33.6687).

August Spread (Volatile) ±5.1577
November Spread (Stable) ±1.1592

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 0.6882 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 35.4345) against the same month in 2016 (average: 29.3182), the exchange rate shifted by +6.1163 (+20.86%).

2017 Avg (December) 35.4345
2016 Avg (December) 29.3182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.2377 28.5864 29.5758
February 30.6144 29.0782 30.1606
March 31.2251 29.7790 30.3673
April 30.8064 28.8233 29.9536
May 31.7962 29.8408 30.5692
June 34.3022 30.6754 31.1819
July 34.4500 29.9701 30.9351
August 35.9771 30.8194 34.9641
September 36.0630 34.4270 35.2918
October 35.1430 33.9013 34.6036
November 34.8279 33.6687 34.1860
December 36.6033 34.7395 35.4345