2018 FJD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |