YEARLY HIGH
0.3423 KES
YEARLY LOW
0.2816 KES
YEARLY AVERAGE
0.3113 KES

2017 NGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.3423. Conversely, the yearly low was recorded on August 5, dropping to 0.2816.

This high-to-low spread represents a total annual volatility of 0.0607 KES. From a start-to-finish perspective, comparing the January average rate of 0.3314 to the December average rate of 0.2866, the exchange rate registered a net change of -13.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3423 was down 33.62% compared to the 2016 peak of 0.5157, 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 342,315 KES
2016 Average 413,891 KES
Yearly Trough Low 281,635 KES
Transaction Impact: A difference of 60,680.44 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3359
0.2821
JanuMarcMayJulySeptNove

NGN to KES 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 0.3278, compared to 0.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0329 points.

H1 Avg (Jan–Jun) 0.3278
H2 Avg (Jul–Dec) 0.2948

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0480 KES (High: 0.3296 / Low: 0.2816). On the other end, December was the most stable month, with a tight range of 0.0022 KES (High: 0.2877 / Low: 0.2855).

August Spread (Volatile) ±0.0480
December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between September and November, 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 0.0377 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3314) against the same month in 2016 (average: 0.5141), the exchange rate shifted by -0.1827 (-35.55%).

2017 Avg (January) 0.3314
2016 Avg (January) 0.5141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3423 0.3248 0.3314
February 0.3397 0.3251 0.3287
March 0.3369 0.3197 0.3276
April 0.3369 0.3257 0.3281
May 0.3297 0.3175 0.3256
June 0.3313 0.2957 0.3252
July 0.3395 0.2960 0.3282
August 0.3296 0.2816 0.2905
September 0.2914 0.2845 0.2876
October 0.2902 0.2865 0.2879
November 0.2913 0.2863 0.2881
December 0.2877 0.2855 0.2866