YEARLY HIGH
0.0287 TJS
YEARLY LOW
0.0238 TJS
YEARLY AVERAGE
0.0258 TJS

2017 NGN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0287. Conversely, the yearly low was recorded on August 5, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0049 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0252 to the December average rate of 0.0245, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0287 was down 27.79% compared to the 2016 peak of 0.0397, 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 28,666 TJS
2016 Average 31,880 TJS
Yearly Trough Low 23,783 TJS
Transaction Impact: A difference of 4,882.83 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0281
0.0242
JanuMarcMayJulySeptNove

NGN to TJS 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 0.0266, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0266
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0042 TJS (High: 0.0279 / Low: 0.0238). On the other end, December was the most stable month, with a tight range of 0.0002 TJS (High: 0.0246 / Low: 0.0244).

August Spread (Volatile) ±0.0042
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0278) against the same month in 2016 (average: 0.0269), the exchange rate shifted by +0.0008 (+3.10%).

2017 Avg (July) 0.0278
2016 Avg (July) 0.0269

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0260 0.0249 0.0252
February 0.0260 0.0250 0.0253
March 0.0270 0.0253 0.0260
April 0.0283 0.0264 0.0275
May 0.0280 0.0268 0.0277
June 0.0282 0.0251 0.0277
July 0.0287 0.0252 0.0278
August 0.0279 0.0238 0.0247
September 0.0250 0.0243 0.0246
October 0.0247 0.0244 0.0245
November 0.0247 0.0243 0.0245
December 0.0246 0.0244 0.0245