2018 LRD to NGN Historical Review

YEARLY HIGH

2.9638 NGN

YEARLY LOW

2.2332 NGN

YEARLY AVERAGE

2.5299 NGN

2018 LRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.9638. Conversely, the yearly low was recorded on July 17, dropping to 2.2332.

This high-to-low spread represents a total annual volatility of 0.7306 NGN. From a start-to-finish perspective, comparing the January average rate of 2.8393 to the December average rate of 2.3098, the exchange rate registered a net change of -18.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.9638 was down 20.94% compared to the 2017 peak of 3.7486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,819 NGN

2017 Average 16,088 NGN

Yearly Trough Low 11,166 NGN

Transaction Impact: A difference of 3,653.09 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.9111

2.2488

JanuMarcMayJulySeptNove

LRD 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 2.7350, compared to 2.3247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4102 points.

H1 Avg (Jan–Jun) 2.7350

H2 Avg (Jul–Dec) 2.3247

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2093 NGN (High: 2.6109 / Low: 2.4016). On the other end, December was the most stable month, with a tight range of 0.0235 NGN (High: 2.3234 / Low: 2.2999).

June Spread (Volatile) ±0.2093

December Spread (Stable) ±0.0235

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 June and July, when the average rate fell by 0.2071 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.8559) against the same month in 2017 (average: 3.3459), the exchange rate shifted by -0.4900 (-14.65%).

2018 Avg (February) 2.8559

2017 Avg (February) 3.3459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9347	2.7886	2.8393
February	2.9638	2.7604	2.8559
March	2.7646	2.7351	2.7475
April	2.7601	2.7254	2.7448
May	2.7501	2.6033	2.6911
June	2.6109	2.4016	2.5313
July	2.4007	2.2332	2.3242
August	2.3833	2.3360	2.3526
September	2.3516	2.2670	2.3385
October	2.3380	2.3128	2.3194
November	2.3190	2.2829	2.3040
December	2.3234	2.2999	2.3098