YEARLY HIGH
0.7930 HUF
YEARLY LOW
0.6864 HUF
YEARLY AVERAGE
0.7479 HUF

2018 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.7930. Conversely, the yearly low was recorded on February 1, dropping to 0.6864.

This high-to-low spread represents a total annual volatility of 0.1067 HUF. From a start-to-finish perspective, comparing the January average rate of 0.7036 to the December average rate of 0.7791, the exchange rate registered a net change of 10.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7930 was down 17.30% compared to the 2017 peak of 0.9590, 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 793,034 HUF
2017 Average 827,131 HUF
Yearly Trough Low 686,372 HUF
Transaction Impact: A difference of 106,662.26 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7879
0.6924
JanuMarcMayJulySeptNove

NGN to HUF 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 0.7208, compared to 0.7750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 0.7208
H2 Avg (Jul–Dec) 0.7750

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0468 HUF (High: 0.7728 / Low: 0.7260). On the other end, March was the most stable month, with a tight range of 0.0108 HUF (High: 0.7091 / Low: 0.6983).

May Spread (Volatile) ±0.0468
March Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 0.0051 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.7752) against the same month in 2017 (average: 0.7224), the exchange rate shifted by +0.0528 (+7.31%).

2018 Avg (August) 0.7752
2017 Avg (August) 0.7224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7210 0.6910 0.7036
February 0.7131 0.6864 0.7004
March 0.7091 0.6983 0.7031
April 0.7215 0.6957 0.7059
May 0.7728 0.7260 0.7443
June 0.7893 0.7497 0.7675
July 0.7870 0.7601 0.7696
August 0.7930 0.7618 0.7752
September 0.7864 0.7564 0.7700
October 0.7892 0.7643 0.7762
November 0.7906 0.7729 0.7799
December 0.7888 0.7680 0.7791