YEARLY HIGH
0.0103 AED
YEARLY LOW
0.0100 AED
YEARLY AVERAGE
0.0102 AED

2018 NGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0103. Conversely, the yearly low was recorded on December 1, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0002 AED. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0101, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0103 was down 15.29% compared to the 2017 peak of 0.0121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 10,251 AED
2017 Average 11,054 AED
Yearly Trough Low 10,043 AED
Transaction Impact: A difference of 207.73 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0102
0.0101
JanuMarcMayJulySeptNove

NGN to AED 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 0.0102, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0001 AED (High: 0.0102 / Low: 0.0101). On the other end, April was the most stable month, with a tight range of 0.0000 AED (High: 0.0102 / Low: 0.0102).

September Spread (Volatile) ±0.0001
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0102) against the same month in 2017 (average: 0.0117), the exchange rate shifted by -0.0015 (-13.08%).

2018 Avg (January) 0.0102
2017 Avg (January) 0.0117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0103 0.0101 0.0102
February 0.0102 0.0102 0.0102
March 0.0102 0.0102 0.0102
April 0.0102 0.0102 0.0102
May 0.0102 0.0102 0.0102
June 0.0102 0.0102 0.0102
July 0.0102 0.0101 0.0102
August 0.0102 0.0101 0.0102
September 0.0102 0.0101 0.0101
October 0.0101 0.0101 0.0101
November 0.0102 0.0101 0.0101
December 0.0101 0.0100 0.0101