2017 TJS to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |