2018 CDF to NGN Historical Review

YEARLY HIGH

0.2303 NGN

YEARLY LOW

0.2180 NGN

YEARLY AVERAGE

0.2231 NGN

2018 CDF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CDF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.2303. Conversely, the yearly low was recorded on July 24, dropping to 0.2180.

This high-to-low spread represents a total annual volatility of 0.0123 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2249 to the December average rate of 0.2239, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2303 was down 14.97% compared to the 2017 peak of 0.2709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,152 NGN

2017 Average 1,149 NGN

Yearly Trough Low 1,090 NGN

Transaction Impact: A difference of 61.71 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2253

0.2211

JanuMarcMayJulySeptNove

CDF 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 0.2234, compared to 0.2228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2234

H2 Avg (Jul–Dec) 0.2228

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0123 NGN (High: 0.2303 / Low: 0.2180). On the other end, June was the most stable month, with a tight range of 0.0008 NGN (High: 0.2235 / Low: 0.2228).

July Spread (Volatile) ±0.0123

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.2226) against the same month in 2017 (average: 0.2039), the exchange rate shifted by +0.0187 (+9.18%).

2018 Avg (July) 0.2226

2017 Avg (July) 0.2039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2294	0.2230	0.2249
February	0.2253	0.2215	0.2238
March	0.2238	0.2220	0.2227
April	0.2233	0.2223	0.2228
May	0.2234	0.2225	0.2231
June	0.2235	0.2228	0.2231
July	0.2303	0.2180	0.2226
August	0.2235	0.2202	0.2220
September	0.2234	0.2189	0.2214
October	0.2255	0.2210	0.2232
November	0.2264	0.2194	0.2239
December	0.2272	0.2216	0.2239