YEARLY HIGH
2.5119 KPW
YEARLY LOW
2.4608 KPW
YEARLY AVERAGE
2.4911 KPW

2018 NGN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 2.5119. Conversely, the yearly low was recorded on December 1, dropping to 2.4608.

This high-to-low spread represents a total annual volatility of 0.0511 KPW. From a start-to-finish perspective, comparing the January average rate of 2.4990 to the December average rate of 2.4724, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5119 was down 15.30% compared to the 2017 peak of 2.9655, 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 2,511,859 KPW
2017 Average 2,708,642 KPW
Yearly Trough Low 2,460,790 KPW
Transaction Impact: A difference of 51,068.96 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5039
2.4696
JanuMarcMayJulySeptNove

NGN to KPW 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 2.4988, compared to 2.4833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 2.4988
H2 Avg (Jul–Dec) 2.4833

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0308 KPW (High: 2.5038 / Low: 2.4729). On the other end, April was the most stable month, with a tight range of 0.0069 KPW (High: 2.5064 / Low: 2.4994).

September Spread (Volatile) ±0.0308
April Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.4990) against the same month in 2017 (average: 2.8749), the exchange rate shifted by -0.3759 (-13.08%).

2018 Avg (January) 2.4990
2017 Avg (January) 2.8749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5119 2.4842 2.4990
February 2.5000 2.4930 2.4966
March 2.5026 2.4936 2.4990
April 2.5064 2.4994 2.5011
May 2.5035 2.4931 2.4988
June 2.5020 2.4924 2.4982
July 2.5068 2.4862 2.4957
August 2.5001 2.4815 2.4929
September 2.5038 2.4729 2.4857
October 2.4851 2.4725 2.4771
November 2.4951 2.4691 2.4762
December 2.4793 2.4608 2.4724