YEARLY HIGH
0.0214 GTQ
YEARLY LOW
0.0203 GTQ
YEARLY AVERAGE
0.0208 GTQ

2018 NGN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0214. Conversely, the yearly low was recorded on January 13, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0011 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0204 to the December average rate of 0.0212, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0214 was down 13.69% compared to the 2017 peak of 0.0248, 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 21,395 GTQ
2017 Average 22,129 GTQ
Yearly Trough Low 20,285 GTQ
Transaction Impact: A difference of 1,109.97 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0214
0.0203
JanuMarcMayJulySeptNove

NGN to GTQ 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 0.0206, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0004 GTQ (High: 0.0214 / Low: 0.0210). On the other end, April was the most stable month, with a tight range of 0.0001 GTQ (High: 0.0206 / Low: 0.0206).

November Spread (Volatile) ±0.0004
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0212) against the same month in 2017 (average: 0.0204), the exchange rate shifted by +0.0008 (+3.90%).

2018 Avg (November) 0.0212
2017 Avg (November) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0205 0.0203 0.0204
February 0.0205 0.0204 0.0204
March 0.0206 0.0205 0.0205
April 0.0206 0.0206 0.0206
May 0.0208 0.0206 0.0207
June 0.0208 0.0207 0.0208
July 0.0209 0.0207 0.0208
August 0.0209 0.0207 0.0208
September 0.0213 0.0209 0.0211
October 0.0214 0.0211 0.0213
November 0.0214 0.0210 0.0212
December 0.0213 0.0211 0.0212