YEARLY HIGH
0.2676 BDT
YEARLY LOW
0.2208 BDT
YEARLY AVERAGE
0.2443 BDT

2017 NGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.2676. Conversely, the yearly low was recorded on August 15, dropping to 0.2208.

This high-to-low spread represents a total annual volatility of 0.0468 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2532 to the December average rate of 0.2300, the exchange rate registered a net change of -9.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2676 was down 32.43% compared to the 2016 peak of 0.3961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267,645 BDT
2016 Average 320,206 BDT
Yearly Trough Low 220,798 BDT
Transaction Impact: A difference of 46,846.18 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2622
0.2240
JanuMarcMayJulySeptNove

NGN to BDT 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 0.2551, compared to 0.2334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.2551
H2 Avg (Jul–Dec) 0.2334

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0370 BDT (High: 0.2578 / Low: 0.2208). On the other end, December was the most stable month, with a tight range of 0.0028 BDT (High: 0.2314 / Low: 0.2286).

August Spread (Volatile) ±0.0370
December Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0283 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.2590) against the same month in 2016 (average: 0.3938), the exchange rate shifted by -0.1347 (-34.22%).

2017 Avg (April) 0.2590
2016 Avg (April) 0.3938

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2609 0.2503 0.2532
February 0.2613 0.2499 0.2535
March 0.2622 0.2496 0.2554
April 0.2676 0.2535 0.2590
May 0.2629 0.2477 0.2558
June 0.2568 0.2301 0.2535
July 0.2643 0.2308 0.2555
August 0.2578 0.2208 0.2272
September 0.2335 0.2232 0.2276
October 0.2320 0.2246 0.2290
November 0.2358 0.2247 0.2314
December 0.2314 0.2286 0.2300