YEARLY HIGH
1.0885 KZT
YEARLY LOW
0.9093 KZT
YEARLY AVERAGE
0.9804 KZT

2017 NGN to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0885. Conversely, the yearly low was recorded on August 9, dropping to 0.9093.

This high-to-low spread represents a total annual volatility of 0.1792 KZT. From a start-to-finish perspective, comparing the January average rate of 1.0574 to the December average rate of 0.9279, the exchange rate registered a net change of -12.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0885 was down 43.62% compared to the 2016 peak of 1.9306, 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 1,088,527 KZT
2016 Average 1,397,405 KZT
Yearly Trough Low 909,309 KZT
Transaction Impact: A difference of 179,218.25 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0707
0.9108
JanuMarcMayJulySeptNove

NGN to KZT 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 1.0108, compared to 0.9501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0607 points.

H1 Avg (Jan–Jun) 1.0108
H2 Avg (Jul–Dec) 0.9501

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1579 KZT (High: 1.0672 / Low: 0.9093). On the other end, December was the most stable month, with a tight range of 0.0146 KZT (High: 0.9348 / Low: 0.9202).

August Spread (Volatile) ±0.1579
December Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between May and July, 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 0.0930 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.0574) against the same month in 2016 (average: 1.8204), the exchange rate shifted by -0.7630 (-41.91%).

2017 Avg (January) 1.0574
2016 Avg (January) 1.8204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0885 1.0378 1.0574
February 1.0670 0.9831 1.0152
March 1.0328 0.9900 1.0071
April 1.0213 0.9824 0.9936
May 1.0130 0.9558 0.9901
June 1.0406 0.9226 1.0013
July 1.0637 0.9282 1.0276
August 1.0672 0.9093 0.9346
September 0.9598 0.9317 0.9477
October 0.9669 0.9267 0.9384
November 0.9440 0.9123 0.9242
December 0.9348 0.9202 0.9279