YEARLY HIGH
0.9590 HUF
YEARLY LOW
0.7012 HUF
YEARLY AVERAGE
0.8277 HUF

2017 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9590. Conversely, the yearly low was recorded on August 5, dropping to 0.7012.

This high-to-low spread represents a total annual volatility of 0.2578 HUF. From a start-to-finish perspective, comparing the January average rate of 0.9282 to the December average rate of 0.7346, the exchange rate registered a net change of -20.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9590 was down 34.62% compared to the 2016 peak of 1.4668, 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 958,977 HUF
2016 Average 1,146,484 HUF
Yearly Trough Low 701,180 HUF
Transaction Impact: A difference of 257,797.56 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9488
0.7012
JanuMarcMayJulySeptNove

NGN to HUF 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 0.9068, compared to 0.7486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1582 points.

H1 Avg (Jan–Jun) 0.9068
H2 Avg (Jul–Dec) 0.7486

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1164 HUF (High: 0.8742 / Low: 0.7578). On the other end, December was the most stable month, with a tight range of 0.0226 HUF (High: 0.7432 / Low: 0.7205).

July Spread (Volatile) ±0.1164
December Spread (Stable) ±0.0226

Growth Streaks & Declines

Trends

Between February and April, 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 0.1177 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.9282) against the same month in 2016 (average: 1.4531), the exchange rate shifted by -0.5249 (-36.12%).

2017 Avg (January) 0.9282
2016 Avg (January) 1.4531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9590 0.9061 0.9282
February 0.9397 0.9068 0.9198
March 0.9426 0.9027 0.9233
April 0.9513 0.9042 0.9235
May 0.9082 0.8439 0.8833
June 0.8797 0.7761 0.8628
July 0.8742 0.7578 0.8400
August 0.8149 0.7012 0.7224
September 0.7421 0.7045 0.7218
October 0.7451 0.7219 0.7343
November 0.7522 0.7234 0.7385
December 0.7432 0.7205 0.7346