YEARLY HIGH
0.2357 BDT
YEARLY LOW
0.2280 BDT
YEARLY AVERAGE
0.2321 BDT

2018 NGN to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.2357. Conversely, the yearly low was recorded on November 17, dropping to 0.2280.

This high-to-low spread represents a total annual volatility of 0.0077 BDT. From a start-to-finish perspective, comparing the January average rate of 0.2306 to the December average rate of 0.2304, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2357 was down 11.93% compared to the 2017 peak of 0.2676, 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 235,711 BDT
2017 Average 244,197 BDT
Yearly Trough Low 228,023 BDT
Transaction Impact: A difference of 7,688.07 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2356
0.2299
JanuMarcMayJulySeptNove

NGN to BDT 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 0.2324, compared to 0.2319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2324
H2 Avg (Jul–Dec) 0.2319

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0052 BDT (High: 0.2350 / Low: 0.2298). On the other end, June was the most stable month, with a tight range of 0.0011 BDT (High: 0.2352 / Low: 0.2341).

October Spread (Volatile) ±0.0052
June Spread (Stable) ±0.0011

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 October and November, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.2351) against the same month in 2017 (average: 0.2558), the exchange rate shifted by -0.0208 (-8.11%).

2018 Avg (May) 0.2351
2017 Avg (May) 0.2558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2315 0.2287 0.2306
February 0.2317 0.2299 0.2308
March 0.2335 0.2300 0.2308
April 0.2354 0.2303 0.2323
May 0.2357 0.2341 0.2351
June 0.2352 0.2341 0.2347
July 0.2350 0.2324 0.2335
August 0.2350 0.2313 0.2332
September 0.2336 0.2304 0.2317
October 0.2350 0.2298 0.2322
November 0.2326 0.2280 0.2305
December 0.2310 0.2295 0.2304