YEARLY HIGH
0.1937 KGS
YEARLY LOW
0.1872 KGS
YEARLY AVERAGE
0.1894 KGS

2018 NGN to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1937. Conversely, the yearly low was recorded on September 24, dropping to 0.1872.

This high-to-low spread represents a total annual volatility of 0.0065 KGS. From a start-to-finish perspective, comparing the January average rate of 0.1917 to the December average rate of 0.1887, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1937 was down 15.07% compared to the 2017 peak of 0.2281, 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 193,730 KGS
2017 Average 206,934 KGS
Yearly Trough Low 187,222 KGS
Transaction Impact: A difference of 6,508.45 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1921
0.1878
JanuMarcMayJulySeptNove

NGN to KGS 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 0.1901, compared to 0.1887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1901
H2 Avg (Jul–Dec) 0.1887

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0041 KGS (High: 0.1937 / Low: 0.1896). On the other end, April was the most stable month, with a tight range of 0.0008 KGS (High: 0.1904 / Low: 0.1896).

January Spread (Volatile) ±0.0041
April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.1917) against the same month in 2017 (average: 0.2215), the exchange rate shifted by -0.0298 (-13.46%).

2018 Avg (January) 0.1917
2017 Avg (January) 0.2215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1937 0.1896 0.1917
February 0.1910 0.1884 0.1896
March 0.1897 0.1885 0.1893
April 0.1904 0.1896 0.1900
May 0.1916 0.1890 0.1903
June 0.1901 0.1892 0.1896
July 0.1901 0.1884 0.1892
August 0.1893 0.1879 0.1887
September 0.1896 0.1872 0.1882
October 0.1894 0.1873 0.1886
November 0.1905 0.1885 0.1890
December 0.1893 0.1879 0.1887