2018 DJF to NGN Historical Review

YEARLY HIGH

2.0547 NGN

YEARLY LOW

2.0065 NGN

YEARLY AVERAGE

2.0316 NGN

2018 DJF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DJF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 2.0547. Conversely, the yearly low was recorded on January 16, dropping to 2.0065.

This high-to-low spread represents a total annual volatility of 0.0482 NGN. From a start-to-finish perspective, comparing the January average rate of 2.0153 to the December average rate of 2.0447, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0547 was down 0.39% compared to the 2017 peak of 2.0627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,273 NGN

2017 Average 9,333 NGN

Yearly Trough Low 10,032 NGN

Transaction Impact: A difference of 241.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0477

2.0123

JanuMarcMayJulySeptNove

DJF 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 2.0275, compared to 2.0358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 2.0275

H2 Avg (Jul–Dec) 2.0358

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0257 NGN (High: 2.0446 / Low: 2.0189). On the other end, March was the most stable month, with a tight range of 0.0071 NGN (High: 2.0380 / Low: 2.0309).

September Spread (Volatile) ±0.0257

March Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0069 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.0447) against the same month in 2017 (average: 2.0126), the exchange rate shifted by +0.0321 (+1.60%).

2018 Avg (December) 2.0447

2017 Avg (December) 2.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0243	2.0065	2.0153
February	2.0399	2.0171	2.0301
March	2.0380	2.0309	2.0341
April	2.0390	2.0294	2.0343
May	2.0384	2.0211	2.0274
June	2.0287	2.0203	2.0238
July	2.0381	2.0167	2.0265
August	2.0369	2.0218	2.0278
September	2.0446	2.0189	2.0332
October	2.0449	2.0346	2.0408
November	2.0478	2.0262	2.0417
December	2.0547	2.0388	2.0447