YEARLY HIGH
0.5088 NGN
YEARLY LOW
0.4193 NGN
YEARLY AVERAGE
0.4598 NGN

2017 MWK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MWK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.5088. Conversely, the yearly low was recorded on January 7, dropping to 0.4193.

This high-to-low spread represents a total annual volatility of 0.0895 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4319 to the December average rate of 0.4958, the exchange rate registered a net change of 14.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5088 was up 5.10% compared to the 2016 peak of 0.4841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,544 NGN
2016 Average 1,810 NGN
Yearly Trough Low 2,096 NGN
Transaction Impact: A difference of 447.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5022
0.4255
JanuMarcMayJulySeptNove

MWK 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 0.4347, compared to 0.4849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0502 points.

H1 Avg (Jan–Jun) 0.4347
H2 Avg (Jul–Dec) 0.4849

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0751 NGN (High: 0.5088 / Low: 0.4337). On the other end, December was the most stable month, with a tight range of 0.0046 NGN (High: 0.4983 / Low: 0.4937).

August Spread (Volatile) ±0.0751
December Spread (Stable) ±0.0046

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 February and March, when the average rate fell by 0.0018 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.4921) against the same month in 2016 (average: 0.4489), the exchange rate shifted by +0.0432 (+9.63%).

2017 Avg (August) 0.4921
2016 Avg (August) 0.4489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4387 0.4193 0.4319
February 0.4387 0.4205 0.4347
March 0.4421 0.4220 0.4329
April 0.4376 0.4230 0.4336
May 0.4472 0.4320 0.4368
June 0.4838 0.4307 0.4382
July 0.4835 0.4217 0.4367
August 0.5088 0.4337 0.4921
September 0.4982 0.4890 0.4942
October 0.4975 0.4905 0.4949
November 0.4981 0.4899 0.4957
December 0.4983 0.4937 0.4958