YEARLY HIGH
0.3825 JPY
YEARLY LOW
0.2983 JPY
YEARLY AVERAGE
0.3376 JPY

2017 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.3825. Conversely, the yearly low was recorded on September 8, dropping to 0.2983.

This high-to-low spread represents a total annual volatility of 0.0842 JPY. From a start-to-finish perspective, comparing the January average rate of 0.3674 to the December average rate of 0.3139, the exchange rate registered a net change of -14.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3825 was down 37.11% compared to the 2016 peak of 0.6082, 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 382,528 JPY
2016 Average 446,326 JPY
Yearly Trough Low 298,288 JPY
Transaction Impact: A difference of 84,240.78 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3734
0.3021
JanuMarcMayJulySeptNove

NGN to JPY 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 0.3563, compared to 0.3190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 0.3563
H2 Avg (Jul–Dec) 0.3190

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0519 JPY (High: 0.3515 / Low: 0.2996). On the other end, December was the most stable month, with a tight range of 0.0049 JPY (High: 0.3162 / Low: 0.3113).

August Spread (Volatile) ±0.0519
December Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between August and October, 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 0.0468 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3674) against the same month in 2016 (average: 0.5951), the exchange rate shifted by -0.2277 (-38.26%).

2017 Avg (January) 0.3674
2016 Avg (January) 0.5951

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3825 0.3561 0.3674
February 0.3704 0.3527 0.3584
March 0.3683 0.3499 0.3600
April 0.3609 0.3428 0.3496
May 0.3608 0.3418 0.3539
June 0.3585 0.3206 0.3485
July 0.3682 0.3192 0.3549
August 0.3515 0.2996 0.3081
September 0.3172 0.2983 0.3087
October 0.3183 0.3105 0.3144
November 0.3207 0.3078 0.3138
December 0.3162 0.3113 0.3139