YEARLY HIGH
0.0104 ILS
YEARLY LOW
0.0094 ILS
YEARLY AVERAGE
0.0099 ILS

2018 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0104. Conversely, the yearly low was recorded on January 25, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0010 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0103, the exchange rate registered a net change of 8.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0104 was down 17.92% compared to the 2017 peak of 0.0127, 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 10,394 ILS
2017 Average 10,836 ILS
Yearly Trough Low 9,413 ILS
Transaction Impact: A difference of 980.83 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0104
0.0094
JanuMarcMayJulySeptNove

NGN to ILS 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 0.0098, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0004 ILS (High: 0.0103 / Low: 0.0100). On the other end, July was the most stable month, with a tight range of 0.0001 ILS (High: 0.0102 / Low: 0.0100).

August Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and August, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0103) against the same month in 2017 (average: 0.0097), the exchange rate shifted by +0.0006 (+5.99%).

2018 Avg (December) 0.0103
2017 Avg (December) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0097 0.0094 0.0095
February 0.0098 0.0095 0.0097
March 0.0097 0.0095 0.0096
April 0.0100 0.0097 0.0098
May 0.0101 0.0099 0.0100
June 0.0102 0.0099 0.0100
July 0.0102 0.0100 0.0101
August 0.0103 0.0100 0.0102
September 0.0101 0.0098 0.0099
October 0.0102 0.0100 0.0101
November 0.0104 0.0101 0.0102
December 0.0104 0.0102 0.0103