YEARLY HIGH
0.3154 JPY
YEARLY LOW
0.2909 JPY
YEARLY AVERAGE
0.3056 JPY

2018 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.3154. Conversely, the yearly low was recorded on March 23, dropping to 0.2909.

This high-to-low spread represents a total annual volatility of 0.0245 JPY. From a start-to-finish perspective, comparing the January average rate of 0.3081 to the December average rate of 0.3081, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3154 was down 17.54% compared to the 2017 peak of 0.3825, 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 315,450 JPY
2017 Average 337,557 JPY
Yearly Trough Low 290,931 JPY
Transaction Impact: A difference of 24,519.17 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3134
0.2926
JanuMarcMayJulySeptNove

NGN to JPY 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 0.3018, compared to 0.3093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.3018
H2 Avg (Jul–Dec) 0.3093

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0130 JPY (High: 0.3146 / Low: 0.3016). On the other end, June was the most stable month, with a tight range of 0.0044 JPY (High: 0.3076 / Low: 0.3032).

January Spread (Volatile) ±0.0130
June Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0088 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.3102) against the same month in 2017 (average: 0.3144), the exchange rate shifted by -0.0041 (-1.32%).

2018 Avg (October) 0.3102
2017 Avg (October) 0.3144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3146 0.3016 0.3081
February 0.3059 0.2945 0.2993
March 0.2968 0.2909 0.2943
April 0.3040 0.2939 0.2990
May 0.3083 0.3012 0.3045
June 0.3076 0.3032 0.3056
July 0.3131 0.3063 0.3089
August 0.3103 0.3042 0.3075
September 0.3136 0.3064 0.3094
October 0.3154 0.3073 0.3102
November 0.3145 0.3095 0.3117
December 0.3125 0.3008 0.3081