2017 CZK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 CZK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the CZK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 16.8929. Conversely, the yearly low was recorded on January 9, dropping to 11.8918.
This high-to-low spread represents a total annual volatility of 5.0010 NGN. From a start-to-finish perspective, comparing the January average rate of 12.3197 to the December average rate of 16.6172, the exchange rate registered a net change of 34.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 16.8929 was up 15.88% compared to the 2016 peak of 14.5779, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
CZK 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 12.7604, compared to 16.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2525 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 2.3987 NGN (High: 16.6395 / Low: 14.2408). On the other end, October was the most stable month, with a tight range of 0.3608 NGN (High: 16.5653 / Low: 16.2045).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0087 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 16.5249) against the same month in 2016 (average: 12.5279), the exchange rate shifted by +3.9970 (+31.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.6061 | 11.8918 | 12.3197 |
| February | 12.6254 | 12.1890 | 12.4152 |
| March | 12.6850 | 12.1506 | 12.4206 |
| April | 12.8650 | 12.2637 | 12.5893 |
| May | 13.7714 | 12.8302 | 13.1990 |
| June | 15.1659 | 13.3789 | 13.6187 |
| July | 15.4883 | 13.4584 | 14.0023 |
| August | 16.6395 | 14.2408 | 16.1605 |
| September | 16.6627 | 16.1178 | 16.3905 |
| October | 16.5653 | 16.2045 | 16.3818 |
| November | 16.8929 | 16.1736 | 16.5249 |
| December | 16.8816 | 16.5052 | 16.6172 |