2018 EUR to NGN Historical Review

YEARLY HIGH

450.4226 NGN

YEARLY LOW

407.8797 NGN

YEARLY AVERAGE

426.8249 NGN

2018 EUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 450.4226. Conversely, the yearly low was recorded on November 12, dropping to 407.8797.

This high-to-low spread represents a total annual volatility of 42.5429 NGN. From a start-to-finish perspective, comparing the January average rate of 439.3942 to the December average rate of 414.1490, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 450.4226 was up 3.52% compared to the 2017 peak of 435.1134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,252,113 NGN

2017 Average 1,890,812 NGN

Yearly Trough Low 2,039,398 NGN

Transaction Impact: A difference of 212,714.51 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

448.2843

409.9297

JanuMarcMayJulySeptNove

EUR 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 436.1600, compared to 417.4897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.6703 points.

H1 Avg (Jan–Jun) 436.1600

H2 Avg (Jul–Dec) 417.4897

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 18.2157 NGN (High: 447.5269 / Low: 429.3112). On the other end, July was the most stable month, with a tight range of 4.9935 NGN (High: 424.2726 / Low: 419.2791).

January Spread (Volatile) ±18.2157

July Spread (Stable) ±4.9935

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 15.9233 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -15.9233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 445.0881) against the same month in 2017 (average: 335.4742), the exchange rate shifted by +109.6139 (+32.67%).

2018 Avg (February) 445.0881

2017 Avg (February) 335.4742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	447.5269	429.3112	439.3942
February	450.4226	440.1226	445.0881
March	448.1415	440.9398	444.2318
April	445.8210	434.6122	441.7255
May	432.4108	415.1963	425.8021
June	425.4066	415.9127	420.7183
July	424.2726	419.2791	421.7209
August	423.5936	409.0539	416.6547
September	427.7224	415.9614	421.8671
October	421.6242	411.4365	417.4208
November	416.1909	407.8797	413.1259
December	418.8654	410.3564	414.1490