2017 NGN to SZL Historical Review

YEARLY HIGH

0.0449 SZL

YEARLY LOW

0.0343 SZL

YEARLY AVERAGE

0.0400 SZL

2017 NGN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0449. Conversely, the yearly low was recorded on December 30, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0106 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0433 to the December average rate of 0.0365, the exchange rate registered a net change of -15.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0449 was down 46.88% compared to the 2016 peak of 0.0846, 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 44,927 SZL

2016 Average 60,591 SZL

Yearly Trough Low 34,280 SZL

Transaction Impact: A difference of 10,647.69 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0440

0.0359

JanuMarcMayJulySeptNove

NGN to SZL 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 0.0419, compared to 0.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0419

H2 Avg (Jul–Dec) 0.0382

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0061 SZL (High: 0.0430 / Low: 0.0369). On the other end, November was the most stable month, with a tight range of 0.0023 SZL (High: 0.0403 / Low: 0.0380).

July Spread (Volatile) ±0.0061

November Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between September and November, 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 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0433) against the same month in 2016 (average: 0.0818), the exchange rate shifted by -0.0385 (-47.06%).

2017 Avg (January) 0.0433

2016 Avg (January) 0.0818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0449	0.0421	0.0433
February	0.0441	0.0408	0.0419
March	0.0425	0.0395	0.0412
April	0.0449	0.0408	0.0428
May	0.0434	0.0398	0.0418
June	0.0415	0.0371	0.0405
July	0.0430	0.0369	0.0415
August	0.0420	0.0360	0.0371
September	0.0380	0.0356	0.0366
October	0.0395	0.0371	0.0381
November	0.0403	0.0380	0.0393
December	0.0382	0.0343	0.0365