YEARLY HIGH
0.3437 PKR
YEARLY LOW
0.2855 PKR
YEARLY AVERAGE
0.3169 PKR

2017 NGN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.3437. Conversely, the yearly low was recorded on August 5, dropping to 0.2855.

This high-to-low spread represents a total annual volatility of 0.0583 PKR. From a start-to-finish perspective, comparing the January average rate of 0.3343 to the December average rate of 0.3021, the exchange rate registered a net change of -9.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3437 was down 34.95% compared to the 2016 peak of 0.5285, 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 343,747 PKR
2016 Average 426,983 PKR
Yearly Trough Low 285,483 PKR
Transaction Impact: A difference of 58,263.80 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3384
0.2887
JanuMarcMayJulySeptNove

NGN to PKR 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 0.3321, compared to 0.3016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.3321
H2 Avg (Jul–Dec) 0.3016

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0489 PKR (High: 0.3344 / Low: 0.2855). On the other end, October was the most stable month, with a tight range of 0.0035 PKR (High: 0.2953 / Low: 0.2919).

August Spread (Volatile) ±0.0489
October Spread (Stable) ±0.0035

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 0.0371 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.3323) against the same month in 2016 (average: 0.3589), the exchange rate shifted by -0.0266 (-7.41%).

2017 Avg (July) 0.3323
2016 Avg (July) 0.3589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3433 0.3301 0.3343
February 0.3427 0.3287 0.3325
March 0.3425 0.3268 0.3337
April 0.3419 0.3299 0.3329
May 0.3340 0.3218 0.3305
June 0.3332 0.2985 0.3291
July 0.3437 0.3003 0.3323
August 0.3344 0.2855 0.2951
September 0.2993 0.2916 0.2941
October 0.2953 0.2919 0.2931
November 0.2963 0.2910 0.2928
December 0.3084 0.2926 0.3021