YEARLY HIGH
1221.3871 NGN
YEARLY LOW
992.7463 NGN
YEARLY AVERAGE
1100.0316 NGN

2017 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1221.3871. Conversely, the yearly low was recorded on January 9, dropping to 992.7463.

This high-to-low spread represents a total annual volatility of 228.6408 NGN. From a start-to-finish perspective, comparing the January average rate of 1024.9638 to the December average rate of 1191.5420, the exchange rate registered a net change of 16.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1221.3871 was up 5.73% compared to the 2016 peak of 1155.1637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,106,935 NGN
2016 Average 4,260,944 NGN
Yearly Trough Low 4,963,731 NGN
Transaction Impact: A difference of 1,143,204.04 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1208.1999
1008.3059
JanuMarcMayJulySeptNove

KWD 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 1035.3947, compared to 1164.6685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 129.2738 points.

H1 Avg (Jan–Jun) 1035.3947
H2 Avg (Jul–Dec) 1164.6685

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 177.4055 NGN (High: 1221.3871 / Low: 1043.9816). On the other end, December was the most stable month, with a tight range of 9.1409 NGN (High: 1195.3845 / Low: 1186.2436).

August Spread (Volatile) ±177.4055
December Spread (Stable) ±9.1409

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.6064 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.6064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1182.5831) against the same month in 2016 (average: 1069.2412), the exchange rate shifted by +113.3419 (+10.60%).

2017 Avg (August) 1182.5831
2016 Avg (August) 1069.2412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1040.1208 992.7463 1024.9638
February 1041.3421 1003.2315 1032.9352
March 1042.4372 1003.4470 1028.3288
April 1043.8158 1009.5354 1034.3363
May 1072.2064 1030.8717 1042.7641
June 1155.5034 1030.6494 1049.0399
July 1156.4832 1010.2304 1045.7340
August 1221.3871 1043.9816 1182.5831
September 1202.0764 1176.3457 1190.0097
October 1193.5340 1177.4979 1188.6407
November 1198.7888 1178.0122 1189.5017
December 1195.3845 1186.2436 1191.5420