YEARLY HIGH
0.0430 LSL
YEARLY LOW
0.0321 LSL
YEARLY AVERAGE
0.0366 LSL

2018 NGN to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0430. Conversely, the yearly low was recorded on February 23, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0109 LSL. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0392, the exchange rate registered a net change of 15.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0430 was down 4.23% compared to the 2017 peak of 0.0449, 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 43,010 LSL
2017 Average 40,032 LSL
Yearly Trough Low 32,063 LSL
Transaction Impact: A difference of 10,947.12 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0415
0.0320
JanuMarcMayJulySeptNove

NGN to LSL 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 0.0341, compared to 0.0391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0341
H2 Avg (Jul–Dec) 0.0391

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0041 LSL (High: 0.0430 / Low: 0.0389). On the other end, March was the most stable month, with a tight range of 0.0010 LSL (High: 0.0334 / Low: 0.0324).

September Spread (Volatile) ±0.0041
March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0012 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0407) against the same month in 2017 (average: 0.0367), the exchange rate shifted by +0.0041 (+11.07%).

2018 Avg (September) 0.0407
2017 Avg (September) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0347 0.0329 0.0338
February 0.0338 0.0321 0.0328
March 0.0334 0.0324 0.0329
April 0.0347 0.0329 0.0336
May 0.0354 0.0341 0.0348
June 0.0384 0.0349 0.0368
July 0.0385 0.0363 0.0372
August 0.0404 0.0367 0.0385
September 0.0430 0.0389 0.0407
October 0.0410 0.0389 0.0400
November 0.0398 0.0376 0.0388
December 0.0400 0.0376 0.0392