2018 GNF to NGN Historical Review

YEARLY HIGH

0.0405 NGN

YEARLY LOW

0.0395 NGN

YEARLY AVERAGE

0.0399 NGN

2018 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.0405. Conversely, the yearly low was recorded on December 15, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.0010 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0398, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0405 was down 1.54% compared to the 2017 peak of 0.0411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 NGN

2017 Average 183 NGN

Yearly Trough Low 197 NGN

Transaction Impact: A difference of 4.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0400

0.0397

JanuMarcMayJulySeptNove

GNF 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 0.0400, compared to 0.0399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0400

H2 Avg (Jul–Dec) 0.0399

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0009 NGN (High: 0.0405 / Low: 0.0396). On the other end, June was the most stable month, with a tight range of 0.0001 NGN (High: 0.0399 / Low: 0.0398).

November Spread (Volatile) ±0.0009

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0399) against the same month in 2017 (average: 0.0399), the exchange rate shifted by +0.0000 (+0.07%).

2018 Avg (November) 0.0399

2017 Avg (November) 0.0399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0402	0.0398	0.0400
February	0.0401	0.0399	0.0400
March	0.0401	0.0399	0.0400
April	0.0401	0.0398	0.0399
May	0.0401	0.0399	0.0399
June	0.0399	0.0398	0.0399
July	0.0401	0.0395	0.0398
August	0.0404	0.0396	0.0399
September	0.0402	0.0397	0.0399
October	0.0402	0.0398	0.0400
November	0.0405	0.0396	0.0399
December	0.0401	0.0395	0.0398