YEARLY HIGH
1.0549 KZT
YEARLY LOW
0.8841 KZT
YEARLY AVERAGE
0.9546 KZT

2018 NGN to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0549. Conversely, the yearly low was recorded on March 6, dropping to 0.8841.

This high-to-low spread represents a total annual volatility of 0.1708 KZT. From a start-to-finish perspective, comparing the January average rate of 0.9077 to the December average rate of 1.0222, the exchange rate registered a net change of 12.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0549 was down 3.09% compared to the 2017 peak of 1.0885, 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 1,054,860 KZT
2017 Average 980,285 KZT
Yearly Trough Low 884,107 KZT
Transaction Impact: A difference of 170,752.91 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0353
0.8779
JanuMarcMayJulySeptNove

NGN to KZT 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 0.9070, compared to 1.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0952 points.

H1 Avg (Jan–Jun) 0.9070
H2 Avg (Jul–Dec) 1.0022

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0739 KZT (High: 1.0485 / Low: 0.9746). On the other end, March was the most stable month, with a tight range of 0.0109 KZT (High: 0.8950 / Low: 0.8841).

September Spread (Volatile) ±0.0739
March Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0147 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.0222) against the same month in 2017 (average: 0.9279), the exchange rate shifted by +0.0942 (+10.15%).

2018 Avg (December) 1.0222
2017 Avg (December) 0.9279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9272 0.8880 0.9077
February 0.9064 0.8850 0.8930
March 0.8950 0.8841 0.8910
April 0.9174 0.8861 0.9032
May 0.9186 0.9053 0.9127
June 0.9482 0.9169 0.9346
July 0.9626 0.9479 0.9549
August 1.0097 0.9664 0.9905
September 1.0485 0.9746 1.0137
October 1.0272 0.9975 1.0121
November 1.0326 1.0056 1.0198
December 1.0549 1.0153 1.0222