2017 WST to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 WST to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the WST to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 150.5822. Conversely, the yearly low was recorded on January 9, dropping to 116.5058.
This high-to-low spread represents a total annual volatility of 34.0764 NGN. From a start-to-finish perspective, comparing the January average rate of 122.0823 to the December average rate of 141.2960, the exchange rate registered a net change of 15.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 150.5822 was up 9.87% compared to the 2016 peak of 137.0564, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
WST 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 123.6478, compared to 140.2599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6120 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 22.3830 NGN (High: 150.5822 / Low: 128.1991). On the other end, December was the most stable month, with a tight range of 2.7689 NGN (High: 142.5367 / Low: 139.7678).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 1.4245 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 145.0401) against the same month in 2016 (average: 126.9933), the exchange rate shifted by +18.0468 (+14.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.1671 | 116.5058 | 122.0823 |
| February | 126.3628 | 120.3618 | 124.4581 |
| March | 125.7325 | 119.3613 | 123.3210 |
| April | 124.9916 | 119.8193 | 122.7730 |
| May | 127.8793 | 121.4230 | 123.5053 |
| June | 140.2106 | 122.4975 | 125.7473 |
| July | 139.6448 | 122.8098 | 126.8202 |
| August | 150.5822 | 128.1991 | 145.0401 |
| September | 145.7757 | 141.7414 | 143.9305 |
| October | 144.7317 | 141.1317 | 142.9484 |
| November | 143.2268 | 140.1239 | 141.5239 |
| December | 142.5367 | 139.7678 | 141.2960 |