YEARLY HIGH
293.6754 NGN
YEARLY LOW
266.9502 NGN
YEARLY AVERAGE
278.8508 NGN

2018 CAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 293.6754. Conversely, the yearly low was recorded on December 28, dropping to 266.9502.

This high-to-low spread represents a total annual volatility of 26.7252 NGN. From a start-to-finish perspective, comparing the January average rate of 289.7199 to the December average rate of 270.6658, the exchange rate registered a net change of -6.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 293.6754 was down 1.53% compared to the 2017 peak of 298.2247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,468,377 NGN
2017 Average 1,288,918 NGN
Yearly Trough Low 1,334,751 NGN
Transaction Impact: A difference of 133,625.77 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

291.6253
268.7604
JanuMarcMayJulySeptNove

CAD 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 281.9629, compared to 275.7386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2243 points.

H1 Avg (Jan–Jun) 281.9629
H2 Avg (Jul–Dec) 275.7386

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 12.4253 NGN (High: 293.6754 / Low: 281.2501). On the other end, November was the most stable month, with a tight range of 4.0179 NGN (High: 277.4543 / Low: 273.4364).

February Spread (Volatile) ±12.4253
November Spread (Stable) ±4.0179

Growth Streaks & Declines

Trends

Between June and October, 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 February and March, when the average rate fell by 8.0713 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.0713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 286.6608) against the same month in 2017 (average: 240.5795), the exchange rate shifted by +46.0813 (+19.15%).

2018 Avg (February) 286.6608
2017 Avg (February) 240.5795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 292.4828 285.5203 289.7199
February 293.6754 281.2501 286.6608
March 281.1583 274.7777 278.5895
April 286.6776 278.7841 282.4217
May 282.1226 276.1891 279.7986
June 279.1499 269.8305 274.5872
July 277.1922 272.6869 274.6694
August 280.3158 273.7569 276.7625
September 283.4282 272.9886 277.9410
October 283.9152 276.3383 278.9475
November 277.4543 273.4364 275.4456
December 275.4251 266.9502 270.6658