2017 NGN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NGN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 19.0095. Conversely, the yearly low was recorded on August 5, dropping to 15.1993.
This high-to-low spread represents a total annual volatility of 3.8102 PYG. From a start-to-finish perspective, comparing the January average rate of 18.3287 to the December average rate of 15.7294, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 19.0095 was down 36.40% compared to the 2016 peak of 29.8908, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NGN to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.8535, compared to 16.0601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7935 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 2.4188 PYG (High: 17.6181 / Low: 15.1993). On the other end, October was the most stable month, with a tight range of 0.2779 PYG (High: 15.9512 / Low: 15.6733).
Growth Streaks & Declines
TrendsNo 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 1.8299 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 18.3287) against the same month in 2016 (average: 29.6087), the exchange rate shifted by -11.2800 (-38.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.0095 | 18.0249 | 18.3287 |
| February | 18.8264 | 17.6599 | 18.1362 |
| March | 18.5244 | 17.0053 | 17.5864 |
| April | 18.6950 | 17.1649 | 17.7834 |
| May | 18.0650 | 17.2969 | 17.7510 |
| June | 17.9026 | 15.8361 | 17.5357 |
| July | 18.1496 | 15.8481 | 17.5092 |
| August | 17.6181 | 15.1993 | 15.6794 |
| September | 16.0871 | 15.7007 | 15.8511 |
| October | 15.9512 | 15.6733 | 15.7964 |
| November | 16.0645 | 15.6585 | 15.7950 |
| December | 15.8230 | 15.5403 | 15.7294 |