YEARLY HIGH
17.8659 NGN
YEARLY LOW
15.7240 NGN
YEARLY AVERAGE
16.6461 NGN

2018 CZK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CZK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 17.8659. Conversely, the yearly low was recorded on November 12, dropping to 15.7240.

This high-to-low spread represents a total annual volatility of 2.1419 NGN. From a start-to-finish perspective, comparing the January average rate of 17.2751 to the December average rate of 16.0263, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 17.8659 was up 5.76% compared to the 2017 peak of 16.8929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,330 NGN
2017 Average 71,993 NGN
Yearly Trough Low 78,620 NGN
Transaction Impact: A difference of 10,709.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

17.7360
15.7667
JanuMarcMayJulySeptNove

CZK 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 17.1076, compared to 16.1845 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9231 points.

H1 Avg (Jan–Jun) 17.1076
H2 Avg (Jul–Dec) 16.1845

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.9093 NGN (High: 16.9173 / Low: 16.0080). On the other end, March was the most stable month, with a tight range of 0.3041 NGN (High: 17.6474 / Low: 17.3433).

May Spread (Volatile) ±0.9093
March Spread (Stable) ±0.3041

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 0.7929 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 17.5719) against the same month in 2017 (average: 12.4152), the exchange rate shifted by +5.1566 (+41.53%).

2018 Avg (February) 17.5719
2017 Avg (February) 12.4152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6953 16.8049 17.2751
February 17.8659 17.3112 17.5719
March 17.6474 17.3433 17.4739
April 17.6442 16.9814 17.4061
May 16.9173 16.0080 16.6132
June 16.5418 16.0345 16.3056
July 16.5551 16.0765 16.3173
August 16.4747 15.8851 16.2132
September 16.7211 16.1848 16.4576
October 16.3284 15.8625 16.1621
November 16.0557 15.7240 15.9308
December 16.2577 15.9088 16.0263