YEARLY HIGH
45.5844 NGN
YEARLY LOW
33.5865 NGN
YEARLY AVERAGE
39.2001 NGN

2017 SEK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 45.5844. Conversely, the yearly low was recorded on January 9, dropping to 33.5865.

This high-to-low spread represents a total annual volatility of 11.9979 NGN. From a start-to-finish perspective, comparing the January average rate of 35.0011 to the December average rate of 42.9343, the exchange rate registered a net change of 22.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 45.5844 was up 9.71% compared to the 2016 peak of 41.5498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 227,922 NGN
2016 Average 149,852 NGN
Yearly Trough Low 167,933 NGN
Transaction Impact: A difference of 59,989.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

45.8073
34.0187
JanuMarcMayJulySeptNove

SEK 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 35.5890, compared to 42.8111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2221 points.

H1 Avg (Jan–Jun) 35.5890
H2 Avg (Jul–Dec) 42.8111

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 6.5033 NGN (High: 45.3821 / Low: 38.8788). On the other end, November was the most stable month, with a tight range of 1.1620 NGN (High: 43.5500 / Low: 42.3880).

August Spread (Volatile) ±6.5033
November Spread (Stable) ±1.1620

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0246 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 44.8249) against the same month in 2016 (average: 36.6658), the exchange rate shifted by +8.1591 (+22.25%).

2017 Avg (September) 44.8249
2016 Avg (September) 36.6658

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.8676 33.5865 35.0011
February 36.2309 34.9285 35.3760
March 35.9791 34.4525 35.2068
April 35.9060 33.9293 35.1455
May 37.5232 35.5239 36.1282
June 41.0314 36.0062 36.6767
July 42.1985 36.8558 38.0991
August 45.3821 38.8788 44.1811
September 45.5844 43.7952 44.8249
October 44.5520 42.8591 43.9259
November 43.5500 42.3880 42.9013
December 43.8914 42.4302 42.9343