YEARLY HIGH
19.5550 NGN
YEARLY LOW
8.7930 NGN
YEARLY AVERAGE
13.8093 NGN

2018 ARS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ARS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 19.5550. Conversely, the yearly low was recorded on September 29, dropping to 8.7930.

This high-to-low spread represents a total annual volatility of 10.7620 NGN. From a start-to-finish perspective, comparing the January average rate of 18.9582 to the December average rate of 9.6304, the exchange rate registered a net change of -49.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.5550 was down 8.89% compared to the 2017 peak of 21.4627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,775 NGN
2017 Average 100,778 NGN
Yearly Trough Low 43,965 NGN
Transaction Impact: A difference of 53,810.21 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.9142
8.4429
JanuMarcMayJulySeptNove

ARS 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 16.9375, compared to 10.6811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2564 points.

H1 Avg (Jan–Jun) 16.9375
H2 Avg (Jul–Dec) 10.6811

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 3.8787 NGN (High: 13.2255 / Low: 9.3468). On the other end, March was the most stable month, with a tight range of 0.2089 NGN (High: 17.8902 / Low: 17.6813).

August Spread (Volatile) ±3.8787
March Spread (Stable) ±0.2089

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.7719 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.7719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 18.9582) against the same month in 2017 (average: 19.7071), the exchange rate shifted by -0.7489 (-3.80%).

2018 Avg (January) 18.9582
2017 Avg (January) 19.7071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.5550 18.3304 18.9582
February 18.5950 17.8266 18.1814
March 17.8902 17.6813 17.8155
April 17.8735 17.5041 17.7773
May 17.4120 14.4110 15.3395
June 14.4683 12.4619 13.5530
July 13.2730 12.4308 13.0609
August 13.2255 9.3468 12.1707
September 9.8304 8.7930 9.3989
October 10.1312 9.2160 9.8191
November 10.3039 9.2946 10.0065
December 9.9510 9.4769 9.6304