2018 NGN to MXN Historical Review

YEARLY HIGH

0.0579 MXN

YEARLY LOW

0.0500 MXN

YEARLY AVERAGE

0.0532 MXN

2018 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0579. Conversely, the yearly low was recorded on April 16, dropping to 0.0500.

This high-to-low spread represents a total annual volatility of 0.0079 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0525 to the December average rate of 0.0552, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0579 was down 17.77% compared to the 2017 peak of 0.0704, 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 57,909 MXN

2017 Average 56,980 MXN

Yearly Trough Low 50,014 MXN

Transaction Impact: A difference of 7,895.23 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0568

0.0505

JanuMarcMayJulySeptNove

NGN to MXN 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 0.0529, compared to 0.0535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0529

H2 Avg (Jul–Dec) 0.0535

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0044 MXN (High: 0.0559 / Low: 0.0514). On the other end, February was the most stable month, with a tight range of 0.0015 MXN (High: 0.0524 / Low: 0.0509).

October Spread (Volatile) ±0.0044

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0563) against the same month in 2017 (average: 0.0571), the exchange rate shifted by -0.0008 (-1.41%).

2018 Avg (June) 0.0563

2017 Avg (June) 0.0571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0548	0.0513	0.0525
February	0.0524	0.0509	0.0517
March	0.0523	0.0504	0.0516
April	0.0526	0.0500	0.0511
May	0.0554	0.0526	0.0543
June	0.0579	0.0549	0.0563
July	0.0554	0.0513	0.0527
August	0.0532	0.0512	0.0522
September	0.0539	0.0513	0.0525
October	0.0559	0.0514	0.0528
November	0.0567	0.0543	0.0556
December	0.0565	0.0539	0.0552