YEARLY HIGH
114.5675 NGN
YEARLY LOW
86.3677 NGN
YEARLY AVERAGE
99.5744 NGN

2018 BRL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BRL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 114.5675. Conversely, the yearly low was recorded on September 13, dropping to 86.3677.

This high-to-low spread represents a total annual volatility of 28.1998 NGN. From a start-to-finish perspective, comparing the January average rate of 112.2760 to the December average rate of 93.5661, the exchange rate registered a net change of -16.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 114.5675 was down 2.77% compared to the 2017 peak of 117.8256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 2,864,187 NGN
2017 Average 2,613,625 NGN
Yearly Trough Low 2,159,193 NGN
Transaction Impact: A difference of 704,994.46 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

114.6668
85.9783
JanuMarcMayJulySeptNove

BRL 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 105.5634, compared to 93.5854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.9780 points.

H1 Avg (Jan–Jun) 105.5634
H2 Avg (Jul–Dec) 93.5854

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 10.0815 NGN (High: 97.3262 / Low: 87.2447). On the other end, December was the most stable month, with a tight range of 2.0165 NGN (High: 94.6797 / Low: 92.6632).

August Spread (Volatile) ±10.0815
December Spread (Stable) ±2.0165

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.4080 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.4080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 112.2760) against the same month in 2017 (average: 97.9544), the exchange rate shifted by +14.3216 (+14.62%).

2018 Avg (January) 112.2760
2017 Avg (January) 97.9544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 114.5675 108.2319 112.2760
February 113.6877 109.4447 111.0087
March 112.4564 108.2332 109.8356
April 108.9755 102.5650 105.6286
May 102.8073 96.1864 99.2205
June 97.3984 92.2743 95.4108
July 98.0089 91.6860 94.4521
August 97.3262 87.2447 92.1811
September 90.4490 86.3677 88.3690
October 99.6568 90.5460 96.7052
November 98.2608 92.1674 96.2389
December 94.6797 92.6632 93.5661