YEARLY HIGH
0.0898 NIO
YEARLY LOW
0.0855 NIO
YEARLY AVERAGE
0.0876 NIO

2018 NGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0898. Conversely, the yearly low was recorded on January 6, dropping to 0.0855.

This high-to-low spread represents a total annual volatility of 0.0043 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0860 to the December average rate of 0.0891, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0898 was down 8.40% compared to the 2017 peak of 0.0980, 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 89,780 NIO
2017 Average 90,181 NIO
Yearly Trough Low 85,482 NIO
Transaction Impact: A difference of 4,297.60 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0894
0.0857
JanuMarcMayJulySeptNove

NGN to NIO 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 0.0867, compared to 0.0885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0867
H2 Avg (Jul–Dec) 0.0885

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0018 NIO (High: 0.0898 / Low: 0.0880). On the other end, April was the most stable month, with a tight range of 0.0005 NIO (High: 0.0870 / Low: 0.0864).

November Spread (Volatile) ±0.0018
April Spread (Stable) ±0.0005

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 (November 2018: 0.0888) against the same month in 2017 (average: 0.0855), the exchange rate shifted by +0.0033 (+3.89%).

2018 Avg (November) 0.0888
2017 Avg (November) 0.0855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0866 0.0855 0.0860
February 0.0868 0.0861 0.0864
March 0.0869 0.0862 0.0865
April 0.0870 0.0864 0.0867
May 0.0876 0.0867 0.0871
June 0.0881 0.0873 0.0877
July 0.0884 0.0875 0.0879
August 0.0888 0.0879 0.0883
September 0.0890 0.0880 0.0885
October 0.0889 0.0882 0.0885
November 0.0898 0.0880 0.0888
December 0.0896 0.0888 0.0891