YEARLY HIGH
0.2885 KES
YEARLY LOW
0.2770 KES
YEARLY AVERAGE
0.2804 KES

2018 NGN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2885. Conversely, the yearly low was recorded on September 30, dropping to 0.2770.

This high-to-low spread represents a total annual volatility of 0.0115 KES. From a start-to-finish perspective, comparing the January average rate of 0.2856 to the December average rate of 0.2807, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2885 was down 15.73% compared to the 2017 peak of 0.3423, 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 288,474 KES
2017 Average 311,191 KES
Yearly Trough Low 276,969 KES
Transaction Impact: A difference of 11,504.91 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2864
0.2775
JanuMarcMayJulySeptNove

NGN to KES 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 0.2812, compared to 0.2795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.2812
H2 Avg (Jul–Dec) 0.2795

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0050 KES (High: 0.2840 / Low: 0.2790). On the other end, August was the most stable month, with a tight range of 0.0015 KES (High: 0.2795 / Low: 0.2780).

November Spread (Volatile) ±0.0050
August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0043 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.2856) against the same month in 2017 (average: 0.3314), the exchange rate shifted by -0.0457 (-13.80%).

2018 Avg (January) 0.2856
2017 Avg (January) 0.3314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2885 0.2838 0.2856
February 0.2831 0.2791 0.2813
March 0.2815 0.2799 0.2809
April 0.2815 0.2774 0.2796
May 0.2822 0.2782 0.2794
June 0.2813 0.2791 0.2804
July 0.2807 0.2777 0.2791
August 0.2795 0.2780 0.2789
September 0.2803 0.2770 0.2785
October 0.2803 0.2771 0.2782
November 0.2840 0.2790 0.2815
December 0.2824 0.2786 0.2807