YEARLY HIGH
0.1331 NGN
YEARLY LOW
0.1102 NGN
YEARLY AVERAGE
0.1225 NGN

2018 COP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the COP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.1331. Conversely, the yearly low was recorded on December 26, dropping to 0.1102.

This high-to-low spread represents a total annual volatility of 0.0229 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1256 to the December average rate of 0.1130, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1331 was up 6.90% compared to the 2017 peak of 0.1245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 665,514 NGN
2017 Average 565,466 NGN
Yearly Trough Low 551,137 NGN
Transaction Impact: A difference of 114,376.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1313
0.1113
JanuMarcMayJulySeptNove

COP 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 0.1264, compared to 0.1185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1264
H2 Avg (Jul–Dec) 0.1185

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0094 NGN (High: 0.1225 / Low: 0.1131). On the other end, February was the most stable month, with a tight range of 0.0039 NGN (High: 0.1280 / Low: 0.1241).

October Spread (Volatile) ±0.0094
February Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.1296) against the same month in 2017 (average: 0.1095), the exchange rate shifted by +0.0202 (+18.42%).

2018 Avg (April) 0.1296
2017 Avg (April) 0.1095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1280 0.1198 0.1256
February 0.1280 0.1241 0.1258
March 0.1293 0.1243 0.1267
April 0.1331 0.1275 0.1296
May 0.1280 0.1238 0.1257
June 0.1281 0.1219 0.1247
July 0.1268 0.1229 0.1252
August 0.1248 0.1184 0.1220
September 0.1221 0.1159 0.1193
October 0.1225 0.1131 0.1178
November 0.1157 0.1118 0.1139
December 0.1155 0.1102 0.1130