2018 NGN to HKD Historical Review

YEARLY HIGH

0.0219 HKD

YEARLY LOW

0.0214 HKD

YEARLY AVERAGE

0.0217 HKD

2018 NGN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.0219. Conversely, the yearly low was recorded on December 1, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0005 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0217 to the December average rate of 0.0215, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0219 was down 14.44% compared to the 2017 peak of 0.0256, 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 21,864 HKD

2017 Average 23,449 HKD

Yearly Trough Low 21,392 HKD

Transaction Impact: A difference of 472.41 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0218

0.0215

JanuMarcMayJulySeptNove

NGN to HKD 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 0.0218, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0218

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0004 HKD (High: 0.0218 / Low: 0.0215). On the other end, February was the most stable month, with a tight range of 0.0001 HKD (High: 0.0217 / Low: 0.0217).

September Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0218) against the same month in 2017 (average: 0.0247), the exchange rate shifted by -0.0029 (-11.84%).

2018 Avg (July) 0.0218

2017 Avg (July) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0218	0.0216	0.0217
February	0.0217	0.0217	0.0217
March	0.0218	0.0217	0.0218
April	0.0219	0.0218	0.0218
May	0.0218	0.0217	0.0218
June	0.0218	0.0217	0.0218
July	0.0219	0.0217	0.0218
August	0.0218	0.0216	0.0217
September	0.0218	0.0215	0.0216
October	0.0216	0.0215	0.0216
November	0.0217	0.0215	0.0215
December	0.0215	0.0214	0.0215