2017 NGN to ZAR Historical Review

YEARLY HIGH

0.0450 ZAR

YEARLY LOW

0.0341 ZAR

YEARLY AVERAGE

0.0400 ZAR

2017 NGN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0450. Conversely, the yearly low was recorded on December 27, dropping to 0.0341.

This high-to-low spread represents a total annual volatility of 0.0109 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0434 to the December average rate of 0.0364, the exchange rate registered a net change of -16.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0450 was down 46.82% compared to the 2016 peak of 0.0847, 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 45,021 ZAR

2016 Average 60,593 ZAR

Yearly Trough Low 34,113 ZAR

Transaction Impact: A difference of 10,908.57 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0441

0.0357

JanuMarcMayJulySeptNove

NGN to ZAR 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 0.0063 ZAR (High: 0.0432 / Low: 0.0369). On the other end, September was the most stable month, with a tight range of 0.0024 ZAR (High: 0.0380 / Low: 0.0356).

July Spread (Volatile) ±0.0063

September Spread (Stable) ±0.0024

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 0.0043 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0434) against the same month in 2016 (average: 0.0818), the exchange rate shifted by -0.0384 (-46.95%).

2017 Avg (January) 0.0434

2016 Avg (January) 0.0818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0450	0.0420	0.0434
February	0.0440	0.0407	0.0418
March	0.0436	0.0393	0.0412
April	0.0447	0.0411	0.0426
May	0.0432	0.0397	0.0418
June	0.0417	0.0369	0.0405
July	0.0432	0.0369	0.0415
August	0.0425	0.0362	0.0372
September	0.0380	0.0356	0.0367
October	0.0397	0.0368	0.0381
November	0.0403	0.0379	0.0392
December	0.0382	0.0341	0.0364