YEARLY HIGH
4.2452 LBP
YEARLY LOW
4.1179 LBP
YEARLY AVERAGE
4.1872 LBP

2018 NGN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 4.2452. Conversely, the yearly low was recorded on November 17, dropping to 4.1179.

This high-to-low spread represents a total annual volatility of 0.1273 LBP. From a start-to-finish perspective, comparing the January average rate of 4.2048 to the December average rate of 4.1457, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.2452 was down 14.17% compared to the 2017 peak of 4.9461, 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 4,245,243 LBP
2017 Average 4,540,374 LBP
Yearly Trough Low 4,117,940 LBP
Transaction Impact: A difference of 127,302.54 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.2122
4.1397
JanuMarcMayJulySeptNove

NGN to LBP 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 4.2020, compared to 4.1724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0296 points.

H1 Avg (Jan–Jun) 4.2020
H2 Avg (Jul–Dec) 4.1724

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0794 LBP (High: 4.2327 / Low: 4.1533). On the other end, October was the most stable month, with a tight range of 0.0209 LBP (High: 4.1715 / Low: 4.1506).

September Spread (Volatile) ±0.0794
October Spread (Stable) ±0.0209

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 September and October, when the average rate fell by 0.0178 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 4.2048) against the same month in 2017 (average: 4.8163), the exchange rate shifted by -0.6115 (-12.70%).

2018 Avg (January) 4.2048
2017 Avg (January) 4.8163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2452 4.1748 4.2048
February 4.2160 4.1842 4.2000
March 4.2363 4.1930 4.2062
April 4.2239 4.1904 4.2022
May 4.2352 4.1893 4.2017
June 4.2212 4.1749 4.1970
July 4.2193 4.1788 4.1921
August 4.2252 4.1710 4.1908
September 4.2327 4.1533 4.1807
October 4.1715 4.1506 4.1628
November 4.1949 4.1179 4.1619
December 4.1633 4.1315 4.1457