YEARLY HIGH
1.4569 NGN
YEARLY LOW
1.2610 NGN
YEARLY AVERAGE
1.3399 NGN

2018 HUF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HUF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.4569. Conversely, the yearly low was recorded on August 15, dropping to 1.2610.

This high-to-low spread represents a total annual volatility of 0.1960 NGN. From a start-to-finish perspective, comparing the January average rate of 1.4216 to the December average rate of 1.2835, the exchange rate registered a net change of -9.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4569 was up 2.16% compared to the 2017 peak of 1.4262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 1,456,936 NGN
2017 Average 1,222,917 NGN
Yearly Trough Low 1,260,980 NGN
Transaction Impact: A difference of 195,956.34 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4425
1.2676
JanuMarcMayJulySeptNove

HUF 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 1.3893, compared to 1.2905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0989 points.

H1 Avg (Jan–Jun) 1.3893
H2 Avg (Jul–Dec) 1.2905

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0835 NGN (High: 1.3775 / Low: 1.2940). On the other end, March was the most stable month, with a tight range of 0.0219 NGN (High: 1.4321 / Low: 1.4103).

May Spread (Volatile) ±0.0835
March Spread (Stable) ±0.0219

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 April and May, when the average rate fell by 0.0727 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.4279) against the same month in 2017 (average: 1.0872), the exchange rate shifted by +0.3407 (+31.34%).

2018 Avg (February) 1.4279
2017 Avg (February) 1.0872

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4472 1.3869 1.4216
February 1.4569 1.4022 1.4279
March 1.4321 1.4103 1.4223
April 1.4374 1.3861 1.4167
May 1.3775 1.2940 1.3440
June 1.3339 1.2669 1.3033
July 1.3156 1.2706 1.2995
August 1.3127 1.2610 1.2902
September 1.3220 1.2717 1.2988
October 1.3083 1.2672 1.2885
November 1.2939 1.2649 1.2822
December 1.3020 1.2678 1.2835