YEARLY HIGH
0.3366 NGN
YEARLY LOW
0.2522 NGN
YEARLY AVERAGE
0.2955 NGN

2017 KRW to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KRW to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3366. Conversely, the yearly low was recorded on January 9, dropping to 0.2522.

This high-to-low spread represents a total annual volatility of 0.0844 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2650 to the December average rate of 0.3322, the exchange rate registered a net change of 25.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3366 was up 8.46% compared to the 2016 peak of 0.3104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,683,210 NGN
2016 Average 1,115,495 NGN
Yearly Trough Low 1,261,025 NGN
Transaction Impact: A difference of 422,185.03 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3389
0.2582
JanuMarcMayJulySeptNove

KRW 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 0.2765, compared to 0.3144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 0.2765
H2 Avg (Jul–Dec) 0.3144

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0477 NGN (High: 0.3269 / Low: 0.2793). On the other end, December was the most stable month, with a tight range of 0.0081 NGN (High: 0.3366 / Low: 0.3285).

August Spread (Volatile) ±0.0477
December Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.3322) against the same month in 2016 (average: 0.2659), the exchange rate shifted by +0.0662 (+24.91%).

2017 Avg (December) 0.3322
2016 Avg (December) 0.2659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2730 0.2522 0.2650
February 0.2804 0.2653 0.2761
March 0.2849 0.2691 0.2768
April 0.2834 0.2705 0.2779
May 0.2903 0.2761 0.2817
June 0.3078 0.2738 0.2816
July 0.3117 0.2710 0.2793
August 0.3269 0.2793 0.3155
September 0.3207 0.3115 0.3165
October 0.3216 0.3132 0.3169
November 0.3330 0.3193 0.3260
December 0.3366 0.3285 0.3322