2018 MDL to NGN Historical Review

YEARLY HIGH

21.9887 NGN

YEARLY LOW

20.9749 NGN

YEARLY AVERAGE

21.5054 NGN

2018 MDL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 21.9887. Conversely, the yearly low was recorded on January 3, dropping to 20.9749.

This high-to-low spread represents a total annual volatility of 1.0138 NGN. From a start-to-finish perspective, comparing the January average rate of 21.2508 to the December average rate of 21.1963, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.9887 was up 4.07% compared to the 2017 peak of 21.1285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,943 NGN

2017 Average 90,975 NGN

Yearly Trough Low 104,875 NGN

Transaction Impact: A difference of 5,068.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.9448

21.1283

JanuMarcMayJulySeptNove

MDL 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 21.5720, compared to 21.4387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 21.5720

H2 Avg (Jul–Dec) 21.4387

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.6405 NGN (High: 21.8298 / Low: 21.1893). On the other end, September was the most stable month, with a tight range of 0.2508 NGN (High: 21.6817 / Low: 21.4309).

May Spread (Volatile) ±0.6405

September Spread (Stable) ±0.2508

Growth Streaks & Declines

Trends

Between January and April, 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 0.2820 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 21.8767) against the same month in 2017 (average: 16.3057), the exchange rate shifted by +5.5711 (+34.17%).

2018 Avg (April) 21.8767

2017 Avg (April) 16.3057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5987	20.9749	21.2508
February	21.7850	21.3587	21.6193
March	21.8724	21.5624	21.7364
April	21.9887	21.6996	21.8767
May	21.8298	21.1893	21.5948
June	21.5335	21.1614	21.3541
July	21.8303	21.3066	21.5821
August	21.8909	21.5438	21.7070
September	21.6817	21.4309	21.5438
October	21.5336	21.1247	21.3605
November	21.4471	21.0525	21.2425
December	21.5236	21.0127	21.1963