YEARLY HIGH
1.4262 NGN
YEARLY LOW
1.0428 NGN
YEARLY AVERAGE
1.2221 NGN

2017 HUF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HUF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.4262. Conversely, the yearly low was recorded on January 9, dropping to 1.0428.

This high-to-low spread represents a total annual volatility of 0.3834 NGN. From a start-to-finish perspective, comparing the January average rate of 1.0776 to the December average rate of 1.3614, the exchange rate registered a net change of 26.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4262 was up 12.41% compared to the 2016 peak of 1.2687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 1,426,168 NGN
2016 Average 915,065 NGN
Yearly Trough Low 1,042,778 NGN
Transaction Impact: A difference of 383,390.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4175
1.0467
JanuMarcMayJulySeptNove

HUF 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 1.1039, compared to 1.3402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2363 points.

H1 Avg (Jan–Jun) 1.1039
H2 Avg (Jul–Dec) 1.3402

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1990 NGN (High: 1.4262 / Low: 1.2272). On the other end, February was the most stable month, with a tight range of 0.0386 NGN (High: 1.1028 / Low: 1.0642).

August Spread (Volatile) ±0.1990
February Spread (Stable) ±0.0386

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0237 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.3866) against the same month in 2016 (average: 1.1652), the exchange rate shifted by +0.2214 (+19.00%).

2017 Avg (August) 1.3866
2016 Avg (August) 1.1652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1036 1.0428 1.0776
February 1.1028 1.0642 1.0872
March 1.1078 1.0609 1.0832
April 1.1060 1.0512 1.0829
May 1.1850 1.1011 1.1327
June 1.2885 1.1367 1.1597
July 1.3196 1.1439 1.1915
August 1.4262 1.2272 1.3866
September 1.4194 1.3476 1.3857
October 1.3852 1.3421 1.3620
November 1.3824 1.3294 1.3542
December 1.3878 1.3456 1.3614