YEARLY HIGH
0.0841 CZK
YEARLY LOW
0.0592 CZK
YEARLY AVERAGE
0.0706 CZK

2017 NGN to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0841. Conversely, the yearly low was recorded on November 27, dropping to 0.0592.

This high-to-low spread represents a total annual volatility of 0.0249 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0812 to the December average rate of 0.0602, the exchange rate registered a net change of -25.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0841 was down 33.24% compared to the 2016 peak of 0.1260, 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 84,091 CZK
2016 Average 99,451 CZK
Yearly Trough Low 59,197 CZK
Transaction Impact: A difference of 24,894.66 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0833
0.0581
JanuMarcMayJulySeptNove

NGN to CZK 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 0.0785, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.0785
H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0101 CZK (High: 0.0702 / Low: 0.0601). On the other end, October was the most stable month, with a tight range of 0.0013 CZK (High: 0.0617 / Low: 0.0604).

August Spread (Volatile) ±0.0101
October Spread (Stable) ±0.0013

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 0.0095 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0812) against the same month in 2016 (average: 0.1249), the exchange rate shifted by -0.0437 (-35.01%).

2017 Avg (January) 0.0812
2016 Avg (January) 0.1249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0841 0.0793 0.0812
February 0.0820 0.0792 0.0806
March 0.0823 0.0788 0.0805
April 0.0815 0.0777 0.0794
May 0.0779 0.0726 0.0758
June 0.0747 0.0659 0.0735
July 0.0743 0.0646 0.0715
August 0.0702 0.0601 0.0620
September 0.0620 0.0600 0.0610
October 0.0617 0.0604 0.0610
November 0.0618 0.0592 0.0605
December 0.0606 0.0592 0.0602