YEARLY HIGH
0.0060 FJD
YEARLY LOW
0.0055 FJD
YEARLY AVERAGE
0.0058 FJD

2018 NGN to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0060. Conversely, the yearly low was recorded on January 30, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0004 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0058, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0060 was down 13.80% compared to the 2017 peak of 0.0069, 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 5,950 FJD
2017 Average 6,200 FJD
Yearly Trough Low 5,528 FJD
Transaction Impact: A difference of 422.52 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0059
0.0056
JanuMarcMayJulySeptNove

NGN to FJD 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 0.0057, compared to 0.0058 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) 0.0057
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0002 FJD (High: 0.0059 / Low: 0.0058). On the other end, May was the most stable month, with a tight range of 0.0001 FJD (High: 0.0058 / Low: 0.0057).

November Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, 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 (October 2018: 0.0059) against the same month in 2017 (average: 0.0057), the exchange rate shifted by +0.0002 (+3.55%).

2018 Avg (October) 0.0059
2017 Avg (October) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0055 0.0056
February 0.0056 0.0055 0.0056
March 0.0057 0.0056 0.0056
April 0.0058 0.0056 0.0057
May 0.0058 0.0057 0.0058
June 0.0058 0.0057 0.0058
July 0.0059 0.0058 0.0058
August 0.0059 0.0058 0.0058
September 0.0059 0.0058 0.0059
October 0.0060 0.0058 0.0059
November 0.0059 0.0058 0.0058
December 0.0059 0.0058 0.0058