YEARLY HIGH
0.3105 ALL
YEARLY LOW
0.2899 ALL
YEARLY AVERAGE
0.2991 ALL

2018 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.3105. Conversely, the yearly low was recorded on April 17, dropping to 0.2899.

This high-to-low spread represents a total annual volatility of 0.0206 ALL. From a start-to-finish perspective, comparing the January average rate of 0.3040 to the December average rate of 0.2981, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3105 was down 26.74% compared to the 2017 peak of 0.4239, 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 310,539 ALL
2017 Average 359,072 ALL
Yearly Trough Low 289,891 ALL
Transaction Impact: A difference of 20,648.64 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3051
0.2917
JanuMarcMayJulySeptNove

NGN to ALL 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 0.2981, compared to 0.3001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.2981
H2 Avg (Jul–Dec) 0.3001

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0130 ALL (High: 0.3105 / Low: 0.2975). On the other end, July was the most stable month, with a tight range of 0.0037 ALL (High: 0.3009 / Low: 0.2972).

January Spread (Volatile) ±0.0130
July Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.3040) against the same month in 2017 (average: 0.4097), the exchange rate shifted by -0.1058 (-25.81%).

2018 Avg (January) 0.3040
2017 Avg (January) 0.4097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3105 0.2975 0.3040
February 0.3026 0.2943 0.2982
March 0.3000 0.2919 0.2954
April 0.2959 0.2899 0.2928
May 0.3040 0.2948 0.2982
June 0.3031 0.2924 0.2999
July 0.3009 0.2972 0.2990
August 0.3072 0.2970 0.3017
September 0.3041 0.2956 0.2999
October 0.3032 0.2974 0.3000
November 0.3045 0.2991 0.3016
December 0.3012 0.2951 0.2981