YEARLY HIGH
184.8037 NGN
YEARLY LOW
144.8684 NGN
YEARLY AVERAGE
162.1051 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 924,018 NGN
2016 Average 619,088 NGN
Yearly Trough Low 724,342 NGN
Transaction Impact: A difference of 199,676.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

180.5470
147.6248
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 151.9219
H2 Avg (Jul–Dec) 172.2883

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±28.5617
December Spread (Stable) ±4.0146

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.3838

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (August) 176.9408
2016 Avg (August) 157.2507

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