YEARLY HIGH
0.0499 EGP
YEARLY LOW
0.0487 EGP
YEARLY AVERAGE
0.0493 EGP

2018 NGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.0499. Conversely, the yearly low was recorded on November 17, dropping to 0.0487.

This high-to-low spread represents a total annual volatility of 0.0012 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0492, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0499 was down 18.97% compared to the 2017 peak of 0.0616, 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 49,921 EGP
2017 Average 53,701 EGP
Yearly Trough Low 48,746 EGP
Transaction Impact: A difference of 1,174.50 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0497
0.0489
JanuMarcMayJulySeptNove

NGN to EGP 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 0.0492, compared to 0.0494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0492
H2 Avg (Jul–Dec) 0.0494

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0009 EGP (High: 0.0499 / Low: 0.0490). On the other end, February was the most stable month, with a tight range of 0.0003 EGP (High: 0.0491 / Low: 0.0489).

September Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and July, 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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0494) against the same month in 2017 (average: 0.0492), the exchange rate shifted by +0.0002 (+0.41%).

2018 Avg (September) 0.0494
2017 Avg (September) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0495 0.0489 0.0492
February 0.0491 0.0489 0.0490
March 0.0491 0.0488 0.0489
April 0.0493 0.0489 0.0491
May 0.0498 0.0490 0.0494
June 0.0497 0.0492 0.0496
July 0.0499 0.0492 0.0496
August 0.0497 0.0491 0.0495
September 0.0499 0.0490 0.0494
October 0.0495 0.0492 0.0493
November 0.0496 0.0487 0.0492
December 0.0495 0.0490 0.0492