2017 FJD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FJD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FJD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 184.8037. Conversely, the yearly low was recorded on January 9, dropping to 144.8684.
This high-to-low spread represents a total annual volatility of 39.9353 NGN. From a start-to-finish perspective, comparing the January average rate of 150.3683 to the December average rate of 174.2331, the exchange rate registered a net change of 15.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 184.8037 was up 8.45% compared to the 2016 peak of 170.4101, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FJD 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 151.9219, compared to 172.2883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.3664 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 28.5617 NGN (High: 184.8037 / Low: 156.2420). On the other end, December was the most stable month, with a tight range of 4.0146 NGN (High: 176.2650 / Low: 172.2504).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.3838 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 176.9408) against the same month in 2016 (average: 157.2507), the exchange rate shifted by +19.6901 (+12.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 153.6200 | 144.8684 | 150.3683 |
| February | 155.3577 | 147.7148 | 153.1739 |
| March | 154.1530 | 147.9832 | 151.1013 |
| April | 152.8721 | 148.1891 | 151.1541 |
| May | 155.9615 | 149.0215 | 151.3266 |
| June | 171.6371 | 150.3940 | 154.4071 |
| July | 173.0730 | 150.8363 | 155.8965 |
| August | 184.8037 | 156.2420 | 176.9408 |
| September | 180.4116 | 174.9060 | 177.8035 |
| October | 177.3358 | 172.8809 | 175.4197 |
| November | 175.5282 | 171.4466 | 173.4362 |
| December | 176.2650 | 172.2504 | 174.2331 |