YEARLY HIGH
49.2972 NGN
YEARLY LOW
46.7397 NGN
YEARLY AVERAGE
48.0324 NGN

2018 GTQ to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GTQ to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 49.2972. Conversely, the yearly low was recorded on November 22, dropping to 46.7397.

This high-to-low spread represents a total annual volatility of 2.5575 NGN. From a start-to-finish perspective, comparing the January average rate of 48.9863 to the December average rate of 47.0722, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 49.2972 was down 2.85% compared to the 2017 peak of 50.7411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 246,486 NGN
2017 Average 227,045 NGN
Yearly Trough Low 233,699 NGN
Transaction Impact: A difference of 12,787.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

49.1826
46.8273
JanuMarcMayJulySeptNove

GTQ 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 48.6060, compared to 47.4588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1472 points.

H1 Avg (Jan–Jun) 48.6060
H2 Avg (Jul–Dec) 47.4588

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.8844 NGN (High: 47.6241 / Low: 46.7397). On the other end, April was the most stable month, with a tight range of 0.2015 NGN (High: 48.6335 / Low: 48.4320).

November Spread (Volatile) ±0.8844
April Spread (Stable) ±0.2015

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 August and September, when the average rate fell by 0.8144 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 48.9863) against the same month in 2017 (average: 41.6503), the exchange rate shifted by +7.3360 (+17.61%).

2018 Avg (January) 48.9863
2017 Avg (January) 41.6503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.2972 48.7829 48.9863
February 49.0774 48.8711 48.9674
March 48.8936 48.5159 48.6631
April 48.6335 48.4320 48.5356
May 48.5448 48.1119 48.4018
June 48.2990 47.9626 48.0817
July 48.2999 47.8869 48.1099
August 48.2615 47.8191 48.1072
September 47.8839 47.0013 47.2928
October 47.3283 46.7522 47.0235
November 47.6241 46.7397 47.1472
December 47.2885 46.9153 47.0722