YEARLY HIGH
1.7209 CRC
YEARLY LOW
1.5649 CRC
YEARLY AVERAGE
1.5960 CRC

2018 NGN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 1.7209. Conversely, the yearly low was recorded on January 13, dropping to 1.5649.

This high-to-low spread represents a total annual volatility of 0.1559 CRC. From a start-to-finish perspective, comparing the January average rate of 1.5749 to the December average rate of 1.6443, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7209 was down 8.35% compared to the 2017 peak of 1.8776, 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 1,720,877 CRC
2017 Average 1,702,085 CRC
Yearly Trough Low 1,564,930 CRC
Transaction Impact: A difference of 155,947.62 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6897
1.5606
JanuMarcMayJulySeptNove

NGN to CRC 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 1.5761, compared to 1.6160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 1.5761
H2 Avg (Jul–Dec) 1.6160

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0771 CRC (High: 1.6688 / Low: 1.5917). On the other end, March was the most stable month, with a tight range of 0.0094 CRC (High: 1.5832 / Low: 1.5738).

October Spread (Volatile) ±0.0771
March Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0346 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.6789) against the same month in 2017 (average: 1.5804), the exchange rate shifted by +0.0985 (+6.23%).

2018 Avg (November) 1.6789
2017 Avg (November) 1.5804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5813 1.5649 1.5749
February 1.5925 1.5761 1.5845
March 1.5832 1.5738 1.5786
April 1.5777 1.5679 1.5733
May 1.5757 1.5656 1.5713
June 1.5794 1.5657 1.5739
July 1.5808 1.5676 1.5729
August 1.5798 1.5680 1.5724
September 1.6257 1.5798 1.5996
October 1.6688 1.5917 1.6276
November 1.7209 1.6442 1.6789
December 1.6591 1.6350 1.6443