YEARLY HIGH
0.0066 BZD
YEARLY LOW
0.0055 BZD
YEARLY AVERAGE
0.0061 BZD

2017 NGN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0066. Conversely, the yearly low was recorded on August 5, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0011 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0056, the exchange rate registered a net change of -12.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0066 was down 34.64% compared to the 2016 peak of 0.0101, 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 6,605 BZD
2016 Average 8,150 BZD
Yearly Trough Low 5,462 BZD
Transaction Impact: A difference of 1,143.32 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0065
0.0055
JanuMarcMayJulySeptNove

NGN to BZD 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 0.0064, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0009 BZD (High: 0.0064 / Low: 0.0055). On the other end, December was the most stable month, with a tight range of 0.0000 BZD (High: 0.0056 / Low: 0.0056).

August Spread (Volatile) ±0.0009
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0064) against the same month in 2016 (average: 0.0100), the exchange rate shifted by -0.0036 (-35.94%).

2017 Avg (January) 0.0064
2016 Avg (January) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0063 0.0064
February 0.0066 0.0063 0.0064
March 0.0066 0.0063 0.0064
April 0.0066 0.0063 0.0064
May 0.0064 0.0062 0.0063
June 0.0064 0.0057 0.0063
July 0.0066 0.0058 0.0064
August 0.0064 0.0055 0.0057
September 0.0057 0.0056 0.0056
October 0.0057 0.0056 0.0056
November 0.0057 0.0056 0.0056
December 0.0056 0.0056 0.0056