2018 NGN to GMD Historical Review

YEARLY HIGH

0.1373 GMD

YEARLY LOW

0.1306 GMD

YEARLY AVERAGE

0.1331 GMD

2018 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.1373. Conversely, the yearly low was recorded on June 3, dropping to 0.1306.

This high-to-low spread represents a total annual volatility of 0.0067 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1333 to the December average rate of 0.1359, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1373 was down 8.73% compared to the 2017 peak of 0.1504, 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 137,273 GMD

2017 Average 137,728 GMD

Yearly Trough Low 130,601 GMD

Transaction Impact: A difference of 6,671.60 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1369

0.1304

JanuMarcMayJulySeptNove

NGN to GMD 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 0.1315, compared to 0.1347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1315

H2 Avg (Jul–Dec) 0.1347

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0038 GMD (High: 0.1352 / Low: 0.1314). On the other end, May was the most stable month, with a tight range of 0.0006 GMD (High: 0.1312 / Low: 0.1306).

January Spread (Volatile) ±0.0038

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0020 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1363) against the same month in 2017 (average: 0.1318), the exchange rate shifted by +0.0045 (+3.41%).

2018 Avg (November) 0.1363

2017 Avg (November) 0.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1352	0.1314	0.1333
February	0.1331	0.1307	0.1313
March	0.1324	0.1308	0.1314
April	0.1318	0.1309	0.1312
May	0.1312	0.1306	0.1310
June	0.1313	0.1306	0.1310
July	0.1338	0.1309	0.1323
August	0.1339	0.1326	0.1332
September	0.1360	0.1323	0.1341
October	0.1367	0.1353	0.1362
November	0.1373	0.1360	0.1363
December	0.1365	0.1353	0.1359