YEARLY HIGH
0.0050 AWG
YEARLY LOW
0.0049 AWG
YEARLY AVERAGE
0.0050 AWG

2018 NGN to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.0050. Conversely, the yearly low was recorded on December 1, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0001 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0049, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0050 was down 15.72% compared to the 2017 peak of 0.0059, 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 4,999 AWG
2017 Average 5,404 AWG
Yearly Trough Low 4,922 AWG
Transaction Impact: A difference of 77.06 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0050
0.0049
JanuMarcMayJulySeptNove

NGN to AWG 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 0.0050, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0001 AWG (High: 0.0050 / Low: 0.0049). On the other end, June was the most stable month, with a tight range of 0.0000 AWG (High: 0.0050 / Low: 0.0050).

February Spread (Volatile) ±0.0001
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, 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 (February 2018: 0.0050) against the same month in 2017 (average: 0.0057), the exchange rate shifted by -0.0007 (-13.02%).

2018 Avg (February) 0.0050
2017 Avg (February) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0049 0.0050
February 0.0050 0.0049 0.0050
March 0.0050 0.0049 0.0050
April 0.0050 0.0049 0.0050
May 0.0050 0.0050 0.0050
June 0.0050 0.0050 0.0050
July 0.0050 0.0049 0.0050
August 0.0050 0.0049 0.0050
September 0.0050 0.0049 0.0050
October 0.0050 0.0049 0.0050
November 0.0050 0.0049 0.0050
December 0.0050 0.0049 0.0049