YEARLY HIGH
0.1137 ARS
YEARLY LOW
0.0511 ARS
YEARLY AVERAGE
0.0776 ARS

2018 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.1137. Conversely, the yearly low was recorded on January 2, dropping to 0.0511.

This high-to-low spread represents a total annual volatility of 0.0626 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.1038, the exchange rate registered a net change of 96.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1137 was up 95.68% compared to the 2017 peak of 0.0581, 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 113,727 ARS
2017 Average 49,689 ARS
Yearly Trough Low 51,138 ARS
Transaction Impact: A difference of 62,589.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1119
0.0474
JanuMarcMayJulySeptNove

NGN to ARS 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 0.0599, compared to 0.0953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 0.0599
H2 Avg (Jul–Dec) 0.0953

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0314 ARS (High: 0.1070 / Low: 0.0756). On the other end, March was the most stable month, with a tight range of 0.0007 ARS (High: 0.0566 / Low: 0.0559).

August Spread (Volatile) ±0.0314
March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0046 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1065) against the same month in 2017 (average: 0.0480), the exchange rate shifted by +0.0585 (+121.70%).

2018 Avg (September) 0.1065
2017 Avg (September) 0.0480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0546 0.0511 0.0528
February 0.0561 0.0538 0.0550
March 0.0566 0.0559 0.0561
April 0.0571 0.0559 0.0563
May 0.0694 0.0574 0.0654
June 0.0802 0.0691 0.0740
July 0.0804 0.0753 0.0766
August 0.1070 0.0756 0.0827
September 0.1137 0.1017 0.1065
October 0.1085 0.0987 0.1019
November 0.1076 0.0971 0.1000
December 0.1055 0.1005 0.1038