YEARLY HIGH
22.9813 UZS
YEARLY LOW
10.0816 UZS
YEARLY AVERAGE
15.0420 UZS

2017 NGN to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 22.9813. Conversely, the yearly low was recorded on January 8, dropping to 10.0816.

This high-to-low spread represents a total annual volatility of 12.8997 UZS. From a start-to-finish perspective, comparing the January average rate of 10.3484 to the December average rate of 22.5010, the exchange rate registered a net change of 117.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 22.9813 was up 55.07% compared to the 2016 peak of 14.8200, 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 22,981,268 UZS
2016 Average 12,017,592 UZS
Yearly Trough Low 10,081,551 UZS
Transaction Impact: A difference of 12,899,716.78 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.7162
9.1332
JanuMarcMayJulySeptNove

NGN to UZS 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 11.2761, compared to 18.8080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5318 points.

H1 Avg (Jan–Jun) 11.2761
H2 Avg (Jul–Dec) 18.8080

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 11.3089 UZS (High: 22.9813 / Low: 11.6723). On the other end, October was the most stable month, with a tight range of 0.2826 UZS (High: 22.6001 / Low: 22.3175).

September Spread (Volatile) ±11.3089
October Spread (Stable) ±0.2826

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0593 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.0593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 21.1245) against the same month in 2016 (average: 9.5562), the exchange rate shifted by +11.5682 (+121.05%).

2017 Avg (September) 21.1245
2016 Avg (September) 9.5562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6653 10.0816 10.3484
February 10.6964 10.3294 10.4605
March 11.8119 10.3513 11.0232
April 11.8849 11.4164 11.6398
May 12.2191 11.6246 11.9286
June 12.5782 11.1874 12.2561
July 13.2424 11.4092 12.6810
August 12.9704 11.1975 11.6217
September 22.9813 11.6723 21.1245
October 22.6001 22.3175 22.4517
November 22.7326 22.2989 22.4679
December 22.6095 22.3056 22.5010