2018 ILS to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |