YEARLY HIGH
0.1174 THB
YEARLY LOW
0.0900 THB
YEARLY AVERAGE
0.1023 THB

2017 NGN to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1174. Conversely, the yearly low was recorded on December 14, dropping to 0.0900.

This high-to-low spread represents a total annual volatility of 0.0274 THB. From a start-to-finish perspective, comparing the January average rate of 0.1133 to the December average rate of 0.0907, the exchange rate registered a net change of -19.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1174 was down 35.73% compared to the 2016 peak of 0.1827, 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 117,422 THB
2016 Average 144,031 THB
Yearly Trough Low 90,047 THB
Transaction Impact: A difference of 27,374.62 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1155
0.0884
JanuMarcMayJulySeptNove

NGN to THB 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 0.1101, compared to 0.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.1101
H2 Avg (Jul–Dec) 0.0945

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0155 THB (High: 0.1057 / Low: 0.0902). On the other end, December was the most stable month, with a tight range of 0.0013 THB (High: 0.0913 / Low: 0.0900).

August Spread (Volatile) ±0.0155
December Spread (Stable) ±0.0013

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 0.0133 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1133) against the same month in 2016 (average: 0.1815), the exchange rate shifted by -0.0682 (-37.58%).

2017 Avg (January) 0.1133
2016 Avg (January) 0.1815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1174 0.1110 0.1133
February 0.1149 0.1099 0.1111
March 0.1138 0.1088 0.1112
April 0.1129 0.1084 0.1094
May 0.1105 0.1049 0.1087
June 0.1088 0.0969 0.1068
July 0.1100 0.0959 0.1066
August 0.1057 0.0902 0.0933
September 0.0935 0.0916 0.0925
October 0.0933 0.0918 0.0925
November 0.0931 0.0902 0.0916
December 0.0913 0.0900 0.0907