YEARLY HIGH
0.9141 NGN
YEARLY LOW
0.0166 NGN
YEARLY AVERAGE
0.8646 NGN

2018 KMF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KMF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.9141. Conversely, the yearly low was recorded on November 5, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.8975 NGN. From a start-to-finish perspective, comparing the January average rate of 0.8927 to the December average rate of 0.8413, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9141 was down 2.62% compared to the 2017 peak of 0.9388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,571 NGN
2017 Average 3,841 NGN
Yearly Trough Low 83 NGN
Transaction Impact: A difference of 4,487.57 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9133
0.8037
JanuMarcMayJulySeptNove

KMF 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 0.8860, compared to 0.8433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0427 points.

H1 Avg (Jan–Jun) 0.8860
H2 Avg (Jul–Dec) 0.8433

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.8280 NGN (High: 0.8446 / Low: 0.0166). On the other end, December was the most stable month, with a tight range of 0.0127 NGN (High: 0.8465 / Low: 0.8338).

November Spread (Volatile) ±0.8280
December Spread (Stable) ±0.0127

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 October and November, when the average rate fell by 0.0349 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.8927) against the same month in 2017 (average: 0.6766), the exchange rate shifted by +0.2161 (+31.93%).

2018 Avg (January) 0.8927
2017 Avg (January) 0.6766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9141 0.8712 0.8927
February 0.9130 0.8952 0.9042
March 0.9090 0.8934 0.9020
April 0.9051 0.8834 0.8966
May 0.8886 0.8478 0.8666
June 0.8632 0.8441 0.8536
July 0.8614 0.8461 0.8561
August 0.8556 0.8319 0.8451
September 0.8710 0.8436 0.8565
October 0.8566 0.8349 0.8477
November 0.8446 0.0166 0.8129
December 0.8465 0.8338 0.8413