2018 NGN to MVR Historical Review

YEARLY HIGH

0.0433 MVR

YEARLY LOW

0.0422 MVR

YEARLY AVERAGE

0.0427 MVR

2018 NGN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.0433. Conversely, the yearly low was recorded on December 1, dropping to 0.0422.

This high-to-low spread represents a total annual volatility of 0.0011 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0428 to the December average rate of 0.0425, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0433 was down 14.58% compared to the 2017 peak of 0.0507, 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 43,303 MVR

2017 Average 46,455 MVR

Yearly Trough Low 42,244 MVR

Transaction Impact: A difference of 1,059.77 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0431

0.0424

JanuMarcMayJulySeptNove

NGN to MVR 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 0.0429, compared to 0.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0429

H2 Avg (Jul–Dec) 0.0426

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0007 MVR (High: 0.0430 / Low: 0.0423). On the other end, March was the most stable month, with a tight range of 0.0002 MVR (High: 0.0430 / Low: 0.0428).

September Spread (Volatile) ±0.0007

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0430) against the same month in 2017 (average: 0.0488), the exchange rate shifted by -0.0058 (-11.80%).

2018 Avg (May) 0.0430

2017 Avg (May) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0430	0.0425	0.0428
February	0.0429	0.0427	0.0428
March	0.0430	0.0428	0.0429
April	0.0433	0.0428	0.0429
May	0.0433	0.0428	0.0430
June	0.0431	0.0427	0.0429
July	0.0431	0.0426	0.0428
August	0.0429	0.0426	0.0428
September	0.0430	0.0423	0.0426
October	0.0427	0.0424	0.0425
November	0.0429	0.0424	0.0425
December	0.0426	0.0422	0.0425