2018 AZN to NGN Historical Review

YEARLY HIGH

214.8231 NGN

YEARLY LOW

210.8827 NGN

YEARLY AVERAGE

212.5399 NGN

2018 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 214.8231. Conversely, the yearly low was recorded on July 22, dropping to 210.8827.

This high-to-low spread represents a total annual volatility of 3.9404 NGN. From a start-to-finish perspective, comparing the January average rate of 212.7915 to the December average rate of 213.8118, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 214.8231 was down 1.89% compared to the 2017 peak of 218.9532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,074,115 NGN

2017 Average 971,839 NGN

Yearly Trough Low 1,054,413 NGN

Transaction Impact: A difference of 19,701.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

214.0520

211.1692

JanuMarcMayJulySeptNove

AZN 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 212.2035, compared to 212.8763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6728 points.

H1 Avg (Jan–Jun) 212.2035

H2 Avg (Jul–Dec) 212.8763

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 3.4802 NGN (High: 214.3739 / Low: 210.8937). On the other end, May was the most stable month, with a tight range of 0.8811 NGN (High: 212.0411 / Low: 211.1601).

January Spread (Volatile) ±3.4802

May Spread (Stable) ±0.8811

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0073 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 213.8118) against the same month in 2017 (average: 211.9873), the exchange rate shifted by +1.8245 (+0.86%).

2018 Avg (December) 213.8118

2017 Avg (December) 211.9873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	214.3739	210.8937	212.7915
February	213.8397	211.7802	213.4044
March	213.7888	211.2305	212.4167
April	212.5232	210.9178	211.4094
May	212.0411	211.1601	211.5554
June	212.5617	211.2813	211.6436
July	212.6285	210.8827	211.8202
August	213.0272	211.4437	212.0560
September	213.7680	211.1364	212.6772
October	213.8032	212.7225	213.4073
November	214.1028	211.8682	213.4854
December	214.8231	213.2159	213.8118