YEARLY HIGH
57.5242 NGN
YEARLY LOW
52.0286 NGN
YEARLY AVERAGE
54.6969 NGN

2018 CNY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 57.5242. Conversely, the yearly low was recorded on August 15, dropping to 52.0286.

This high-to-low spread represents a total annual volatility of 5.4956 NGN. From a start-to-finish perspective, comparing the January average rate of 56.0481 to the December average rate of 52.8144, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 57.5242 was up 3.12% compared to the 2017 peak of 55.7861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,438,104 NGN
2017 Average 1,236,529 NGN
Yearly Trough Low 1,300,715 NGN
Transaction Impact: A difference of 137,388.99 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

57.5986
51.9160
JanuMarcMayJulySeptNove

CNY 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 56.5664, compared to 52.8273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7391 points.

H1 Avg (Jan–Jun) 56.5664
H2 Avg (Jul–Dec) 52.8273

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 2.2431 NGN (High: 57.2235 / Low: 54.9804). On the other end, September was the most stable month, with a tight range of 0.5314 NGN (High: 53.0859 / Low: 52.5545).

January Spread (Volatile) ±2.2431
September Spread (Stable) ±0.5314

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 June and July, when the average rate fell by 2.0170 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 57.0130) against the same month in 2017 (average: 45.8647), the exchange rate shifted by +11.1483 (+24.31%).

2018 Avg (February) 57.0130
2017 Avg (February) 45.8647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.2235 54.9804 56.0481
February 57.5242 56.7069 57.0130
March 57.3470 56.6820 56.9608
April 57.3714 56.7683 57.1251
May 56.9978 56.0452 56.5343
June 56.3983 54.3052 55.7173
July 54.4443 52.9232 53.7003
August 53.2100 52.0286 52.7358
September 53.0859 52.5545 52.8175
October 52.9627 52.1282 52.5065
November 52.7101 52.0341 52.3895
December 53.2016 52.3896 52.8144