YEARLY HIGH
0.5027 LKR
YEARLY LOW
0.4247 LKR
YEARLY AVERAGE
0.4497 LKR

2018 NGN to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5027. Conversely, the yearly low was recorded on January 13, dropping to 0.4247.

This high-to-low spread represents a total annual volatility of 0.0781 LKR. From a start-to-finish perspective, comparing the January average rate of 0.4270 to the December average rate of 0.4955, the exchange rate registered a net change of 16.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5027 was up 0.19% compared to the 2017 peak of 0.5018, 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 502,747 LKR
2017 Average 458,717 LKR
Yearly Trough Low 424,652 LKR
Transaction Impact: A difference of 78,095.67 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5023
0.4201
JanuMarcMayJulySeptNove

NGN to LKR 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 0.4338, compared to 0.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0318 points.

H1 Avg (Jan–Jun) 0.4338
H2 Avg (Jul–Dec) 0.4655

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0233 LKR (High: 0.4958 / Low: 0.4725). On the other end, May was the most stable month, with a tight range of 0.0020 LKR (High: 0.4394 / Low: 0.4374).

November Spread (Volatile) ±0.0233
May Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.4955) against the same month in 2017 (average: 0.4258), the exchange rate shifted by +0.0697 (+16.37%).

2018 Avg (December) 0.4955
2017 Avg (December) 0.4258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4294 0.4247 0.4270
February 0.4320 0.4276 0.4295
March 0.4338 0.4292 0.4322
April 0.4388 0.4312 0.4341
May 0.4394 0.4374 0.4384
June 0.4444 0.4388 0.4413
July 0.4437 0.4392 0.4416
August 0.4461 0.4417 0.4440
September 0.4668 0.4461 0.4560
October 0.4813 0.4647 0.4714
November 0.4958 0.4725 0.4848
December 0.5027 0.4898 0.4955