YEARLY HIGH
0.0248 GTQ
YEARLY LOW
0.0197 GTQ
YEARLY AVERAGE
0.0221 GTQ

2017 NGN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0248. Conversely, the yearly low was recorded on August 5, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0051 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0204, the exchange rate registered a net change of -14.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0248 was down 36.31% compared to the 2016 peak of 0.0389, 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 24,789 GTQ
2016 Average 31,072 GTQ
Yearly Trough Low 19,708 GTQ
Transaction Impact: A difference of 5,081.07 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0244
0.0200
JanuMarcMayJulySeptNove

NGN to GTQ 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 0.0234, compared to 0.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0234
H2 Avg (Jul–Dec) 0.0209

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0034 GTQ (High: 0.0231 / Low: 0.0197). On the other end, December was the most stable month, with a tight range of 0.0001 GTQ (High: 0.0205 / Low: 0.0204).

August Spread (Volatile) ±0.0034
December Spread (Stable) ±0.0001

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 0.0027 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0240) against the same month in 2016 (average: 0.0384), the exchange rate shifted by -0.0144 (-37.51%).

2017 Avg (January) 0.0240
2016 Avg (January) 0.0384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0248 0.0237 0.0240
February 0.0245 0.0232 0.0235
March 0.0240 0.0230 0.0234
April 0.0239 0.0231 0.0233
May 0.0234 0.0225 0.0231
June 0.0235 0.0209 0.0231
July 0.0238 0.0208 0.0231
August 0.0231 0.0197 0.0204
September 0.0205 0.0202 0.0204
October 0.0206 0.0204 0.0205
November 0.0207 0.0203 0.0204
December 0.0205 0.0204 0.0204