YEARLY HIGH
42.0464 NGN
YEARLY LOW
34.8845 NGN
YEARLY AVERAGE
38.8376 NGN

2017 TJS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TJS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 42.0464. Conversely, the yearly low was recorded on July 17, dropping to 34.8845.

This high-to-low spread represents a total annual volatility of 7.1620 NGN. From a start-to-finish perspective, comparing the January average rate of 39.6278 to the December average rate of 40.7985, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 42.0464 was down 4.94% compared to the 2016 peak of 44.2295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,232 NGN
2016 Average 164,415 NGN
Yearly Trough Low 174,422 NGN
Transaction Impact: A difference of 35,809.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

41.2825
35.5525
JanuMarcMayJulySeptNove

TJS 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 37.7262, compared to 39.9490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2229 points.

H1 Avg (Jan–Jun) 37.7262
H2 Avg (Jul–Dec) 39.9490

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 6.2578 NGN (High: 42.0464 / Low: 35.7886). On the other end, December was the most stable month, with a tight range of 0.2697 NGN (High: 40.9611 / Low: 40.6913).

August Spread (Volatile) ±6.2578
December Spread (Stable) ±0.2697

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.1692 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1692

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 40.5670) against the same month in 2016 (average: 40.9806), the exchange rate shifted by -0.4135 (-1.01%).

2017 Avg (August) 40.5670
2016 Avg (August) 40.9806

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.1820 38.4593 39.6278
February 40.0707 38.4557 39.5098
March 39.5631 37.0704 38.5355
April 37.9467 35.3528 36.3663
May 37.3471 35.6598 36.1415
June 39.8524 35.5113 36.1760
July 39.7552 34.8845 36.0300
August 42.0464 35.7886 40.5670
September 41.0920 40.0254 40.6922
October 40.9660 40.5017 40.8050
November 41.0823 40.4213 40.8015
December 40.9611 40.6913 40.7985