YEARLY HIGH
2.9655 KPW
YEARLY LOW
2.4386 KPW
YEARLY AVERAGE
2.7095 KPW

2017 NGN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.9655. Conversely, the yearly low was recorded on August 4, dropping to 2.4386.

This high-to-low spread represents a total annual volatility of 0.5269 KPW. From a start-to-finish perspective, comparing the January average rate of 2.8749 to the December average rate of 2.5016, the exchange rate registered a net change of -12.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9655 was down 34.68% compared to the 2016 peak of 4.5396, 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 2,965,492 KPW
2016 Average 3,669,819 KPW
Yearly Trough Low 2,438,623 KPW
Transaction Impact: A difference of 526,869.20 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9123
2.4643
JanuMarcMayJulySeptNove

NGN to KPW 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 2.8539, compared to 2.5650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2889 points.

H1 Avg (Jan–Jun) 2.8539
H2 Avg (Jul–Dec) 2.5650

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.4181 KPW (High: 2.8567 / Low: 2.4386). On the other end, December was the most stable month, with a tight range of 0.0184 KPW (High: 2.5109 / Low: 2.4925).

August Spread (Volatile) ±0.4181
December Spread (Stable) ±0.0184

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 0.3195 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.8749) against the same month in 2016 (average: 4.5209), the exchange rate shifted by -1.6460 (-36.41%).

2017 Avg (January) 2.8749
2016 Avg (January) 4.5209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9655 2.8349 2.8749
February 2.9425 2.8344 2.8552
March 2.9419 2.8260 2.8681
April 2.9245 2.8344 2.8572
May 2.8704 2.7665 2.8392
June 2.8757 2.5680 2.8287
July 2.9430 2.5680 2.8450
August 2.8567 2.4386 2.5255
September 2.5388 2.4898 2.5092
October 2.5281 2.4953 2.5054
November 2.5281 2.4842 2.5035
December 2.5109 2.4925 2.5016