2018 NGN to MDL Historical Review

YEARLY HIGH

0.0477 MDL

YEARLY LOW

0.0455 MDL

YEARLY AVERAGE

0.0465 MDL

2018 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0477. Conversely, the yearly low was recorded on April 15, dropping to 0.0455.

This high-to-low spread represents a total annual volatility of 0.0022 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0471 to the December average rate of 0.0472, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0477 was down 27.89% compared to the 2017 peak of 0.0661, 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 47,676 MDL

2017 Average 55,672 MDL

Yearly Trough Low 45,478 MDL

Transaction Impact: A difference of 2,198.02 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0473

0.0456

JanuMarcMayJulySeptNove

NGN to MDL 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 0.0464, compared to 0.0466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0464

H2 Avg (Jul–Dec) 0.0466

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0014 MDL (High: 0.0472 / Low: 0.0458). On the other end, September was the most stable month, with a tight range of 0.0005 MDL (High: 0.0467 / Low: 0.0461).

May Spread (Volatile) ±0.0014

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0471) against the same month in 2017 (average: 0.0641), the exchange rate shifted by -0.0170 (-26.56%).

2018 Avg (January) 0.0471

2017 Avg (January) 0.0641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0477	0.0463	0.0471
February	0.0468	0.0459	0.0463
March	0.0464	0.0457	0.0460
April	0.0461	0.0455	0.0457
May	0.0472	0.0458	0.0463
June	0.0473	0.0464	0.0468
July	0.0469	0.0458	0.0463
August	0.0464	0.0457	0.0461
September	0.0467	0.0461	0.0464
October	0.0473	0.0464	0.0468
November	0.0475	0.0466	0.0471
December	0.0476	0.0465	0.0472