2018 NGN to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NGN to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NGN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 3.1538. Conversely, the yearly low was recorded on April 3, dropping to 2.9306.
This high-to-low spread represents a total annual volatility of 0.2232 KRW. From a start-to-finish perspective, comparing the January average rate of 2.9597 to the December average rate of 3.0865, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.1538 was down 20.46% compared to the 2017 peak of 3.9650, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NGN to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2.9882, compared to 3.1029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1147 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.1633 KRW (High: 3.1240 / Low: 2.9608). On the other end, January was the most stable month, with a tight range of 0.0404 KRW (High: 2.9809 / Low: 2.9406).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0195 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 3.1059) against the same month in 2017 (average: 3.1748), the exchange rate shifted by -0.0689 (-2.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9809 | 2.9406 | 2.9597 |
| February | 3.0468 | 2.9540 | 2.9949 |
| March | 3.0129 | 2.9467 | 2.9754 |
| April | 3.0083 | 2.9306 | 2.9712 |
| May | 3.0151 | 2.9563 | 2.9888 |
| June | 3.1240 | 2.9608 | 3.0391 |
| July | 3.1529 | 3.0848 | 3.1115 |
| August | 3.1538 | 3.0597 | 3.1059 |
| September | 3.1366 | 3.0509 | 3.0934 |
| October | 3.1499 | 3.0602 | 3.1195 |
| November | 3.1505 | 3.0714 | 3.1007 |
| December | 3.1205 | 3.0516 | 3.0865 |