YEARLY HIGH
180.8999 NGN
YEARLY LOW
168.0547 NGN
YEARLY AVERAGE
173.5876 NGN

2018 FJD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 180.8999. Conversely, the yearly low was recorded on October 14, dropping to 168.0547.

This high-to-low spread represents a total annual volatility of 12.8452 NGN. From a start-to-finish perspective, comparing the January average rate of 178.2392 to the December average rate of 171.4786, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 180.8999 was down 2.11% compared to the 2017 peak of 184.8037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 904,499 NGN
2017 Average 810,778 NGN
Yearly Trough Low 840,273 NGN
Transaction Impact: A difference of 64,225.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

179.5234
168.4786
JanuMarcMayJulySeptNove

FJD 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 176.1853, compared to 170.9899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1953 points.

H1 Avg (Jan–Jun) 176.1853
H2 Avg (Jul–Dec) 170.9899

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 5.3169 NGN (High: 180.8999 / Low: 175.5829). On the other end, May was the most stable month, with a tight range of 3.0153 NGN (High: 175.0091 / Low: 171.9938).

January Spread (Volatile) ±5.3169
May Spread (Stable) ±3.0153

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 3.1314 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.1314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 178.2392) against the same month in 2017 (average: 150.3683), the exchange rate shifted by +27.8708 (+18.54%).

2018 Avg (January) 178.2392
2017 Avg (January) 150.3683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 180.8999 175.5829 178.2392
February 180.6588 177.2589 178.6030
March 179.4728 175.8018 177.4027
April 178.4704 173.7197 176.3354
May 175.0091 171.9938 173.2040
June 175.8364 171.0255 173.3273
July 173.6675 169.9984 171.9169
August 172.6435 168.8209 171.0712
September 172.2512 169.1947 170.4192
October 171.5976 168.0547 169.3990
November 173.4322 168.2788 171.6547
December 173.5037 169.5389 171.4786