2018 NGN to GBP Historical Review

YEARLY HIGH

0.0022 GBP

YEARLY LOW

0.0019 GBP

YEARLY AVERAGE

0.0021 GBP

2018 NGN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0022. Conversely, the yearly low was recorded on April 16, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0003 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0022, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0022 was down 18.75% compared to the 2017 peak of 0.0027, 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 2,199 GBP

2017 Average 2,340 GBP

Yearly Trough Low 1,937 GBP

Transaction Impact: A difference of 262.42 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0022

0.0020

JanuMarcMayJulySeptNove

NGN to GBP 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 0.0020, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0020

H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0001 GBP (High: 0.0021 / Low: 0.0020). On the other end, July was the most stable month, with a tight range of 0.0000 GBP (High: 0.0021 / Low: 0.0021).

January Spread (Volatile) ±0.0001

July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0022) against the same month in 2017 (average: 0.0021), the exchange rate shifted by +0.0001 (+4.58%).

2018 Avg (December) 0.0022

2017 Avg (December) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0021	0.0020	0.0020
February	0.0020	0.0019	0.0020
March	0.0020	0.0020	0.0020
April	0.0020	0.0019	0.0020
May	0.0021	0.0020	0.0021
June	0.0021	0.0021	0.0021
July	0.0021	0.0021	0.0021
August	0.0022	0.0021	0.0022
September	0.0022	0.0021	0.0021
October	0.0022	0.0021	0.0021
November	0.0022	0.0021	0.0021
December	0.0022	0.0021	0.0022