YEARLY HIGH
106.2348 NGN
YEARLY LOW
96.2099 NGN
YEARLY AVERAGE
100.5868 NGN

2018 ILS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ILS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 106.2348. Conversely, the yearly low was recorded on December 15, dropping to 96.2099.

This high-to-low spread represents a total annual volatility of 10.0249 NGN. From a start-to-finish perspective, comparing the January average rate of 105.2785 to the December average rate of 96.9757, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 106.2348 was up 2.32% compared to the 2017 peak of 103.8245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 531,174 NGN
2017 Average 464,702 NGN
Yearly Trough Low 481,050 NGN
Transaction Impact: A difference of 50,124.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

106.1088
96.1454
JanuMarcMayJulySeptNove

ILS 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 102.3844, compared to 98.7892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5952 points.

H1 Avg (Jan–Jun) 102.3844
H2 Avg (Jul–Dec) 98.7892

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 3.5833 NGN (High: 100.3901 / Low: 96.8068). On the other end, July was the most stable month, with a tight range of 1.3752 NGN (High: 99.5822 / Low: 98.2070).

August Spread (Volatile) ±3.5833
July Spread (Stable) ±1.3752

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 January and February, when the average rate fell by 2.2225 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.2225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 105.2785) against the same month in 2017 (average: 82.0540), the exchange rate shifted by +23.2245 (+28.30%).

2018 Avg (January) 105.2785
2017 Avg (January) 82.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.2348 103.1487 105.2785
February 105.0136 101.7109 103.0560
March 104.9751 102.5922 103.9103
April 102.7616 99.9784 101.7076
May 101.4283 99.2294 100.3914
June 101.4895 98.3905 99.9625
July 99.5822 98.2070 99.0002
August 100.3901 96.8068 98.5194
September 101.8588 99.4466 100.7993
October 100.2634 97.6756 99.3311
November 99.2417 96.4802 98.1092
December 98.2844 96.2099 96.9757