2017 BWP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |