2018 EGP to NGN Historical Review

YEARLY HIGH

20.5144 NGN

YEARLY LOW

20.0318 NGN

YEARLY AVERAGE

20.2905 NGN

2018 EGP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 20.5144. Conversely, the yearly low was recorded on September 3, dropping to 20.0318.

This high-to-low spread represents a total annual volatility of 0.4826 NGN. From a start-to-finish perspective, comparing the January average rate of 20.3448 to the December average rate of 20.3242, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 20.5144 was down 1.21% compared to the 2017 peak of 20.7661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,572 NGN

2017 Average 93,681 NGN

Yearly Trough Low 100,159 NGN

Transaction Impact: A difference of 2,413.24 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.4598

20.1353

JanuMarcMayJulySeptNove

EGP 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 20.3256, compared to 20.2554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 20.3256

H2 Avg (Jul–Dec) 20.2554

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.3654 NGN (High: 20.3971 / Low: 20.0318). On the other end, February was the most stable month, with a tight range of 0.1051 NGN (High: 20.4556 / Low: 20.3505).

September Spread (Volatile) ±0.3654

February Spread (Stable) ±0.1051

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1220 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 20.3101) against the same month in 2017 (average: 20.3497), the exchange rate shifted by -0.0396 (-0.19%).

2018 Avg (November) 20.3101

2017 Avg (November) 20.3497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.4538	20.1863	20.3448
February	20.4556	20.3505	20.4002
March	20.4920	20.3763	20.4327
April	20.4685	20.2906	20.3652
May	20.4262	20.0824	20.2432
June	20.3053	20.1049	20.1675
July	20.3050	20.0574	20.1624
August	20.3495	20.1239	20.1992
September	20.3971	20.0318	20.2443
October	20.3408	20.2149	20.2920
November	20.5144	20.1579	20.3101
December	20.4185	20.2065	20.3242