YEARLY HIGH
1207.3054 NGN
YEARLY LOW
1186.1334 NGN
YEARLY AVERAGE
1196.1844 NGN

2018 KWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1207.3054. Conversely, the yearly low was recorded on November 22, dropping to 1186.1334.

This high-to-low spread represents a total annual volatility of 21.1720 NGN. From a start-to-finish perspective, comparing the January average rate of 1197.7046 to the December average rate of 1197.4289, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1207.3054 was down 1.15% compared to the 2017 peak of 1221.3871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,036,527 NGN
2017 Average 5,502,056 NGN
Yearly Trough Low 5,930,667 NGN
Transaction Impact: A difference of 105,859.97 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1203.7274
1190.0680
JanuMarcMayJulySeptNove

KWD 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 1197.5570, compared to 1194.8117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7453 points.

H1 Avg (Jan–Jun) 1197.5570
H2 Avg (Jul–Dec) 1194.8117

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 21.1720 NGN (High: 1207.3054 / Low: 1186.1334). On the other end, March was the most stable month, with a tight range of 4.9872 NGN (High: 1204.1398 / Low: 1199.1526).

November Spread (Volatile) ±21.1720
March Spread (Stable) ±4.9872

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.6996 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.6996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1195.8185) against the same month in 2017 (average: 1189.5017), the exchange rate shifted by +6.3169 (+0.53%).

2018 Avg (November) 1195.8185
2017 Avg (November) 1189.5017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1203.9281 1189.8249 1197.7046
February 1206.2363 1200.2641 1202.5892
March 1204.1398 1199.1526 1201.1503
April 1201.9993 1195.1994 1199.0914
May 1197.4327 1189.8498 1193.3918
June 1195.1603 1188.6329 1191.4149
July 1195.9826 1186.1700 1191.2063
August 1196.5413 1186.9812 1191.3189
September 1202.5191 1186.6568 1195.6426
October 1201.4267 1192.3905 1197.4550
November 1207.3054 1186.1334 1195.8185
December 1202.0755 1192.6862 1197.4289