YEARLY HIGH
0.0010 KWD
YEARLY LOW
0.0008 KWD
YEARLY AVERAGE
0.0009 KWD

2017 NGN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0010. Conversely, the yearly low was recorded on August 5, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0002 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0008, the exchange rate registered a net change of -13.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0010 was down 34.28% compared to the 2016 peak of 0.0015, 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 1,007 KWD
2016 Average 1,232 KWD
Yearly Trough Low 819 KWD
Transaction Impact: A difference of 188.57 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0010
0.0008
JanuMarcMayJulySeptNove

NGN to KWD 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 0.0010, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0001 KWD (High: 0.0010 / Low: 0.0008). On the other end, December was the most stable month, with a tight range of 0.0000 KWD (High: 0.0008 / Low: 0.0008).

August Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0010) against the same month in 2016 (average: 0.0015), the exchange rate shifted by -0.0006 (-36.11%).

2017 Avg (January) 0.0010
2016 Avg (January) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0010 0.0010 0.0010
February 0.0010 0.0010 0.0010
March 0.0010 0.0010 0.0010
April 0.0010 0.0010 0.0010
May 0.0010 0.0009 0.0010
June 0.0010 0.0009 0.0010
July 0.0010 0.0009 0.0010
August 0.0010 0.0008 0.0008
September 0.0009 0.0008 0.0008
October 0.0008 0.0008 0.0008
November 0.0008 0.0008 0.0008
December 0.0008 0.0008 0.0008