2017 THB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 THB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the THB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 11.1053. Conversely, the yearly low was recorded on January 9, dropping to 8.5163.
This high-to-low spread represents a total annual volatility of 2.5890 NGN. From a start-to-finish perspective, comparing the January average rate of 8.8302 to the December average rate of 11.0260, the exchange rate registered a net change of 24.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 11.1053 was up 10.56% compared to the 2016 peak of 10.0450, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
THB 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 9.0902, compared to 10.6173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5271 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 1.6268 NGN (High: 11.0915 / Low: 9.4646). On the other end, December was the most stable month, with a tight range of 0.1528 NGN (High: 11.1053 / Low: 10.9525).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0076 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 11.0260) against the same month in 2016 (average: 8.7985), the exchange rate shifted by +2.2275 (+25.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.0079 | 8.5163 | 8.8302 |
| February | 9.0972 | 8.7034 | 9.0053 |
| March | 9.1939 | 8.7836 | 8.9977 |
| April | 9.2288 | 8.8583 | 9.1391 |
| May | 9.5314 | 9.0508 | 9.2049 |
| June | 10.3198 | 9.1920 | 9.3642 |
| July | 10.4306 | 9.0941 | 9.3911 |
| August | 11.0915 | 9.4646 | 10.7367 |
| September | 10.9159 | 10.6987 | 10.8164 |
| October | 10.8945 | 10.7169 | 10.8109 |
| November | 11.0831 | 10.7455 | 10.9228 |
| December | 11.1053 | 10.9525 | 11.0260 |