2017 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 103.1088. Conversely, the yearly low was recorded on January 9, dropping to 73.3542.
This high-to-low spread represents a total annual volatility of 29.7546 NGN. From a start-to-finish perspective, comparing the January average rate of 76.2497 to the December average rate of 101.4164, the exchange rate registered a net change of 33.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 103.1088 was up 12.82% compared to the 2016 peak of 91.3893, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PLN to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 80.0794, compared to 97.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.5033 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 14.8157 NGN (High: 102.3598 / Low: 87.5440). On the other end, December was the most stable month, with a tight range of 2.5148 NGN (High: 103.1088 / Low: 100.5939).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0834 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 101.4164) against the same month in 2016 (average: 74.8294), the exchange rate shifted by +26.5870 (+35.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.0715 | 73.3542 | 76.2497 |
| February | 79.0345 | 76.4945 | 77.8558 |
| March | 80.5865 | 76.3271 | 78.3015 |
| April | 81.6944 | 77.1799 | 79.6558 |
| May | 87.4228 | 81.1132 | 83.4956 |
| June | 94.1965 | 83.0630 | 84.9179 |
| July | 96.0359 | 83.5051 | 86.2086 |
| August | 102.3598 | 87.5440 | 98.9159 |
| September | 102.5681 | 97.1249 | 100.0779 |
| October | 100.6402 | 97.5399 | 98.9945 |
| November | 102.1074 | 97.5302 | 99.8830 |
| December | 103.1088 | 100.5939 | 101.4164 |