2018 HKD to NGN Historical Review

YEARLY HIGH

46.7463 NGN

YEARLY LOW

45.7363 NGN

YEARLY AVERAGE

46.0989 NGN

2018 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 46.7463. Conversely, the yearly low was recorded on July 21, dropping to 45.7363.

This high-to-low spread represents a total annual volatility of 1.0100 NGN. From a start-to-finish perspective, comparing the January average rate of 46.0578 to the December average rate of 46.5382, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 46.7463 was down 0.95% compared to the 2017 peak of 47.1942, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,168,658 NGN

2017 Average 1,070,503 NGN

Yearly Trough Low 1,143,408 NGN

Transaction Impact: A difference of 25,250.42 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

46.6070

45.7819

JanuMarcMayJulySeptNove

HKD 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 45.9544, compared to 46.2435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2891 points.

H1 Avg (Jan–Jun) 45.9544

H2 Avg (Jul–Dec) 46.2435

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.7924 NGN (High: 46.5860 / Low: 45.7937). On the other end, April was the most stable month, with a tight range of 0.1585 NGN (High: 45.9053 / Low: 45.7468).

September Spread (Volatile) ±0.7924

April Spread (Stable) ±0.1585

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1571 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 46.5382) against the same month in 2017 (average: 46.0507), the exchange rate shifted by +0.4875 (+1.06%).

2018 Avg (December) 46.5382

2017 Avg (December) 46.0507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.3153	45.8044	46.0578
February	46.1763	46.0173	46.0885
March	46.0759	45.8319	45.9314
April	45.9053	45.7468	45.8506
May	46.0188	45.7949	45.8894
June	46.0261	45.8283	45.9084
July	46.1279	45.7363	45.9506
August	46.2020	45.8606	45.9921
September	46.5860	45.7937	46.1984
October	46.4694	46.1917	46.3545
November	46.5807	46.0656	46.4269
December	46.7463	46.4489	46.5382