YEARLY HIGH
0.0350 BWP
YEARLY LOW
0.0273 BWP
YEARLY AVERAGE
0.0312 BWP

2017 NGN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0350. Conversely, the yearly low was recorded on December 31, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0077 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0282, the exchange rate registered a net change of -16.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0350 was down 40.45% compared to the 2016 peak of 0.0587, 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 34,982 BWP
2016 Average 44,625 BWP
Yearly Trough Low 27,320 BWP
Transaction Impact: A difference of 7,661.69 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0344
0.0277
JanuMarcMayJulySeptNove

NGN to BWP 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 0.0330, compared to 0.0293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0330
H2 Avg (Jul–Dec) 0.0293

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0047 BWP (High: 0.0324 / Low: 0.0278). On the other end, November was the most stable month, with a tight range of 0.0010 BWP (High: 0.0297 / Low: 0.0287).

August Spread (Volatile) ±0.0047
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0338) against the same month in 2016 (average: 0.0579), the exchange rate shifted by -0.0240 (-41.55%).

2017 Avg (January) 0.0338
2016 Avg (January) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0350 0.0331 0.0338
February 0.0344 0.0327 0.0332
March 0.0336 0.0320 0.0329
April 0.0347 0.0325 0.0334
May 0.0335 0.0315 0.0327
June 0.0326 0.0292 0.0321
July 0.0334 0.0290 0.0324
August 0.0324 0.0278 0.0287
September 0.0290 0.0277 0.0283
October 0.0295 0.0285 0.0289
November 0.0297 0.0287 0.0293
December 0.0288 0.0273 0.0282