YEARLY HIGH
3.3525 NGN
YEARLY LOW
2.6142 NGN
YEARLY AVERAGE
2.9762 NGN

2017 JPY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JPY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 3.3525. Conversely, the yearly low was recorded on January 7, dropping to 2.6142.

This high-to-low spread represents a total annual volatility of 0.7383 NGN. From a start-to-finish perspective, comparing the January average rate of 2.7226 to the December average rate of 3.1857, the exchange rate registered a net change of 17.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.3525 was down 3.36% compared to the 2016 peak of 3.4689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 1,676,235 NGN
2016 Average 1,195,124 NGN
Yearly Trough Low 1,307,093 NGN
Transaction Impact: A difference of 369,142.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.3056
2.6696
JanuMarcMayJulySeptNove

JPY 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 2.8080, compared to 3.1444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3363 points.

H1 Avg (Jan–Jun) 2.8080
H2 Avg (Jul–Dec) 3.1444

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.4932 NGN (High: 3.3380 / Low: 2.8448). On the other end, December was the most stable month, with a tight range of 0.0496 NGN (High: 3.2124 / Low: 3.1628).

August Spread (Volatile) ±0.4932
December Spread (Stable) ±0.0496

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0589 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 3.2399) against the same month in 2016 (average: 3.0684), the exchange rate shifted by +0.1715 (+5.59%).

2017 Avg (September) 3.2399
2016 Avg (September) 3.0684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8079 2.6142 2.7226
February 2.8355 2.6996 2.7904
March 2.8582 2.7153 2.7783
April 2.9169 2.7706 2.8604
May 2.9261 2.7720 2.8261
June 3.1195 2.7897 2.8705
July 3.1327 2.7161 2.8203
August 3.3380 2.8448 3.2526
September 3.3525 3.1523 3.2399
October 3.2209 3.1418 3.1810
November 3.2487 3.1181 3.1868
December 3.2124 3.1628 3.1857