2018 NGN to INR Historical Review

YEARLY HIGH

0.2045 INR

YEARLY LOW

0.1753 INR

YEARLY AVERAGE

0.1893 INR

2018 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.2045. Conversely, the yearly low was recorded on January 6, dropping to 0.1753.

This high-to-low spread represents a total annual volatility of 0.0293 INR. From a start-to-finish perspective, comparing the January average rate of 0.1767 to the December average rate of 0.1943, the exchange rate registered a net change of 9.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2045 was down 8.84% compared to the 2017 peak of 0.2244, 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 204,546 INR

2017 Average 196,028 INR

Yearly Trough Low 175,282 INR

Transaction Impact: A difference of 29,263.53 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2053

0.1741

JanuMarcMayJulySeptNove

NGN to INR 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 0.1824, compared to 0.1962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.1824

H2 Avg (Jul–Dec) 0.1962

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0103 INR (High: 0.2019 / Low: 0.1915). On the other end, March was the most stable month, with a tight range of 0.0016 INR (High: 0.1813 / Low: 0.1797).

November Spread (Volatile) ±0.0103

March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0050 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.2027) against the same month in 2017 (average: 0.1811), the exchange rate shifted by +0.0216 (+11.91%).

2018 Avg (October) 0.2027

2017 Avg (October) 0.1811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1783	0.1753	0.1767
February	0.1808	0.1774	0.1788
March	0.1813	0.1797	0.1806
April	0.1860	0.1803	0.1825
May	0.1902	0.1852	0.1875
June	0.1916	0.1854	0.1882
July	0.1918	0.1894	0.1904
August	0.1963	0.1891	0.1926
September	0.2010	0.1961	0.1992
October	0.2045	0.2014	0.2027
November	0.2019	0.1915	0.1977
December	0.1992	0.1904	0.1943