2018 NGN to CVE Historical Review

YEARLY HIGH

0.2706 CVE

YEARLY LOW

0.2457 CVE

YEARLY AVERAGE

0.2593 CVE

2018 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.2706. Conversely, the yearly low was recorded on January 25, dropping to 0.2457.

This high-to-low spread represents a total annual volatility of 0.0249 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2521 to the December average rate of 0.2669, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2706 was down 21.39% compared to the 2017 peak of 0.3442, 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 270,596 CVE

2017 Average 295,901 CVE

Yearly Trough Low 245,676 CVE

Transaction Impact: A difference of 24,919.91 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2692

0.2468

JanuMarcMayJulySeptNove

NGN to CVE 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 0.2538, compared to 0.2648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.2538

H2 Avg (Jul–Dec) 0.2648

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0123 CVE (High: 0.2580 / Low: 0.2457). On the other end, November was the most stable month, with a tight range of 0.0046 CVE (High: 0.2700 / Low: 0.2654).

January Spread (Volatile) ±0.0123

November Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0035 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.2653) against the same month in 2017 (average: 0.2626), the exchange rate shifted by +0.0027 (+1.04%).

2018 Avg (August) 0.2653

2017 Avg (August) 0.2626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2580	0.2457	0.2521
February	0.2514	0.2460	0.2487
March	0.2517	0.2468	0.2492
April	0.2546	0.2483	0.2507
May	0.2650	0.2549	0.2593
June	0.2656	0.2590	0.2630
July	0.2648	0.2601	0.2623
August	0.2706	0.2611	0.2653
September	0.2653	0.2585	0.2619
October	0.2690	0.2619	0.2651
November	0.2700	0.2654	0.2674
December	0.2704	0.2649	0.2669