YEARLY HIGH
43.9988 IDR
YEARLY LOW
36.0831 IDR
YEARLY AVERAGE
40.2645 IDR

2017 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 43.9988. Conversely, the yearly low was recorded on August 5, dropping to 36.0831.

This high-to-low spread represents a total annual volatility of 7.9156 IDR. From a start-to-finish perspective, comparing the January average rate of 42.6994 to the December average rate of 37.6657, the exchange rate registered a net change of -11.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 43.9988 was down 37.28% compared to the 2016 peak of 70.1458, 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 43,998,786 IDR
2016 Average 54,350,347 IDR
Yearly Trough Low 36,083,144 IDR
Transaction Impact: A difference of 7,915,641.81 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

43.2601
36.5313
JanuMarcMayJulySeptNove

NGN to IDR 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 42.2650, compared to 38.2640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0010 points.

H1 Avg (Jan–Jun) 42.2650
H2 Avg (Jul–Dec) 38.2640

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 6.2111 IDR (High: 42.2942 / Low: 36.0831). On the other end, December was the most stable month, with a tight range of 0.4440 IDR (High: 37.8790 / Low: 37.4350).

August Spread (Volatile) ±6.2111
December Spread (Stable) ±0.4440

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 4.7225 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.7225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 42.6994) against the same month in 2016 (average: 69.6687), the exchange rate shifted by -26.9693 (-38.71%).

2017 Avg (January) 42.6994
2016 Avg (January) 69.6687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.9988 42.0209 42.6994
February 43.6576 41.9328 42.3001
March 43.6091 41.9518 42.5222
April 43.2859 41.8784 42.2370
May 42.5424 40.9175 42.0204
June 42.5249 38.0156 41.8110
July 43.5117 37.9821 42.1627
August 42.2942 36.0831 37.4402
September 37.7407 36.5099 37.0921
October 37.9572 37.4454 37.6314
November 38.0658 37.2988 37.5918
December 37.8790 37.4350 37.6657