YEARLY HIGH
19.9943 NGN
YEARLY LOW
17.2684 NGN
YEARLY AVERAGE
18.8176 NGN

2018 MXN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MXN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 19.9943. Conversely, the yearly low was recorded on June 14, dropping to 17.2684.

This high-to-low spread represents a total annual volatility of 2.7260 NGN. From a start-to-finish perspective, comparing the January average rate of 19.0516 to the December average rate of 18.1274, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.9943 was down 3.02% compared to the 2017 peak of 20.6178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 999,717 NGN
2017 Average 885,952 NGN
Yearly Trough Low 863,418 NGN
Transaction Impact: A difference of 136,299.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.7707
17.5957
JanuMarcMayJulySeptNove

MXN 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 18.9263, compared to 18.7089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2174 points.

H1 Avg (Jan–Jun) 18.9263
H2 Avg (Jul–Dec) 18.7089

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.5469 NGN (High: 19.4420 / Low: 17.8951). On the other end, February was the most stable month, with a tight range of 0.5621 NGN (High: 19.6377 / Low: 19.0756).

October Spread (Volatile) ±1.5469
February Spread (Stable) ±0.5621

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 1.1597 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 19.5895) against the same month in 2017 (average: 16.8152), the exchange rate shifted by +2.7743 (+16.50%).

2018 Avg (April) 19.5895
2017 Avg (April) 16.8152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4802 18.2376 19.0516
February 19.6377 19.0756 19.3390
March 19.8240 19.1261 19.3712
April 19.9943 19.0053 19.5895
May 19.0291 18.0443 18.4297
June 18.2286 17.2684 17.7770
July 19.4787 18.0376 18.9862
August 19.5404 18.8070 19.1565
September 19.4822 18.5565 19.0614
October 19.4420 17.8951 18.9502
November 18.4056 17.6292 17.9719
December 18.5509 17.7102 18.1274