2018 MGA to NGN Historical Review

YEARLY HIGH

0.1172 NGN

YEARLY LOW

0.0989 NGN

YEARLY AVERAGE

0.1083 NGN

2018 MGA to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1172. Conversely, the yearly low was recorded on November 22, dropping to 0.0989.

This high-to-low spread represents a total annual volatility of 0.0182 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1111 to the December average rate of 0.1025, the exchange rate registered a net change of -7.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1172 was down 6.50% compared to the 2017 peak of 0.1253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 586 NGN

2017 Average 535 NGN

Yearly Trough Low 495 NGN

Transaction Impact: A difference of 91.20 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1157

0.0997

JanuMarcMayJulySeptNove

MGA 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 0.1115, compared to 0.1051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1115

H2 Avg (Jul–Dec) 0.1051

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0057 NGN (High: 0.1047 / Low: 0.0990). On the other end, August was the most stable month, with a tight range of 0.0018 NGN (High: 0.1099 / Low: 0.1081).

December Spread (Volatile) ±0.0057

August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1143) against the same month in 2017 (average: 0.0986), the exchange rate shifted by +0.0158 (+16.01%).

2018 Avg (March) 0.1143

2017 Avg (March) 0.0986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1123	0.1100	0.1111
February	0.1155	0.1115	0.1138
March	0.1172	0.1120	0.1143
April	0.1125	0.1106	0.1119
May	0.1118	0.1082	0.1105
June	0.1088	0.1057	0.1072
July	0.1102	0.1063	0.1079
August	0.1099	0.1081	0.1091
September	0.1085	0.1054	0.1064
October	0.1059	0.1027	0.1038
November	0.1030	0.0989	0.1010
December	0.1047	0.0990	0.1025