2017 NZD to NGN Historical Review

YEARLY HIGH

273.7898 NGN

YEARLY LOW

212.7801 NGN

YEARLY AVERAGE

237.1524 NGN

2017 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 273.7898. Conversely, the yearly low was recorded on January 6, dropping to 212.7801.

This high-to-low spread represents a total annual volatility of 61.0097 NGN. From a start-to-finish perspective, comparing the January average rate of 223.0091 to the December average rate of 250.6704, the exchange rate registered a net change of 12.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 273.7898 was up 8.06% compared to the 2016 peak of 253.3603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 1,368,949 NGN

2016 Average 903,866 NGN

Yearly Trough Low 1,063,901 NGN

Transaction Impact: A difference of 305,048.42 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

264.9498

215.5829

JanuMarcMayJulySeptNove

NZD to NGN 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 223.3829, compared to 250.9219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.5390 points.

H1 Avg (Jan–Jun) 223.3829

H2 Avg (Jul–Dec) 250.9219

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 40.3223 NGN (High: 273.7898 / Low: 233.4675). On the other end, November was the most stable month, with a tight range of 5.5304 NGN (High: 250.3376 / Low: 244.8072).

August Spread (Volatile) ±40.3223

November Spread (Stable) ±5.5304

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 7.7845 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.7845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 260.8359) against the same month in 2016 (average: 232.9760), the exchange rate shifted by +27.8599 (+11.96%).

2017 Avg (August) 260.8359

2016 Avg (August) 232.9760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	230.2751	212.7801	223.0091
February	230.9395	221.9441	227.5804
March	224.3338	215.0114	219.7959
April	222.7543	213.4875	219.6968
May	229.3955	215.8812	220.2150
June	255.9657	222.4612	230.0003
July	258.0927	222.5815	233.3202
August	273.7898	233.4675	260.8359
September	262.9810	256.3556	260.0425
October	258.9965	245.2383	253.1044
November	250.3376	244.8072	247.5579
December	255.0872	245.5108	250.6704