YEARLY HIGH
0.0658 NGN
YEARLY LOW
0.0526 NGN
YEARLY AVERAGE
0.0592 NGN

2017 PYG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PYG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0658. Conversely, the yearly low was recorded on January 7, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0132 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0636, the exchange rate registered a net change of 16.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0658 was up 4.55% compared to the 2016 peak of 0.0629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329 NGN
2016 Average 227 NGN
Yearly Trough Low 263 NGN
Transaction Impact: A difference of 65.94 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0648
0.0536
JanuMarcMayJulySeptNove

PYG 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 0.0560, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0560
H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0090 NGN (High: 0.0658 / Low: 0.0568). On the other end, October was the most stable month, with a tight range of 0.0011 NGN (High: 0.0638 / Low: 0.0627).

August Spread (Volatile) ±0.0090
October Spread (Stable) ±0.0011

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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0639) against the same month in 2016 (average: 0.0583), the exchange rate shifted by +0.0056 (+9.67%).

2017 Avg (August) 0.0639
2016 Avg (August) 0.0583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0555 0.0526 0.0546
February 0.0566 0.0531 0.0551
March 0.0588 0.0540 0.0569
April 0.0583 0.0535 0.0563
May 0.0578 0.0554 0.0563
June 0.0631 0.0559 0.0571
July 0.0631 0.0551 0.0572
August 0.0658 0.0568 0.0639
September 0.0637 0.0622 0.0631
October 0.0638 0.0627 0.0633
November 0.0639 0.0622 0.0633
December 0.0643 0.0632 0.0636