YEARLY HIGH
1.7650 NGN
YEARLY LOW
1.7146 NGN
YEARLY AVERAGE
1.7345 NGN

2018 GYD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GYD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.7650. Conversely, the yearly low was recorded on September 3, dropping to 1.7146.

This high-to-low spread represents a total annual volatility of 0.0504 NGN. From a start-to-finish perspective, comparing the January average rate of 1.7393 to the December average rate of 1.7408, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7650 was down 0.64% compared to the 2017 peak of 1.7764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,825 NGN
2017 Average 8,046 NGN
Yearly Trough Low 8,573 NGN
Transaction Impact: A difference of 252.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7425
1.7225
JanuMarcMayJulySeptNove

GYD 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 1.7343, compared to 1.7346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.7343
H2 Avg (Jul–Dec) 1.7346

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0364 NGN (High: 1.7650 / Low: 1.7286). On the other end, March was the most stable month, with a tight range of 0.0119 NGN (High: 1.7462 / Low: 1.7343).

January Spread (Volatile) ±0.0364
March Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0128 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.7393) against the same month in 2017 (average: 1.5095), the exchange rate shifted by +0.2298 (+15.22%).

2018 Avg (January) 1.7393
2017 Avg (January) 1.5095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7650 1.7286 1.7393
February 1.7463 1.7343 1.7402
March 1.7462 1.7343 1.7401
April 1.7432 1.7207 1.7369
May 1.7422 1.7193 1.7242
June 1.7335 1.7186 1.7251
July 1.7522 1.7183 1.7276
August 1.7394 1.7179 1.7280
September 1.7458 1.7146 1.7324
October 1.7554 1.7339 1.7393
November 1.7567 1.7264 1.7397
December 1.7510 1.7356 1.7408