2018 NGN to NOK Historical Review

YEARLY HIGH

0.0241 NOK

YEARLY LOW

0.0212 NOK

YEARLY AVERAGE

0.0225 NOK

2018 NGN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0241. Conversely, the yearly low was recorded on February 1, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0029 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0237, the exchange rate registered a net change of 8.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0241 was down 14.36% compared to the 2017 peak of 0.0281, 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 24,091 NOK

2017 Average 24,918 NOK

Yearly Trough Low 21,225 NOK

Transaction Impact: A difference of 2,865.38 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0239

0.0214

JanuMarcMayJulySeptNove

NGN to NOK 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 0.0220, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0220

H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0015 NOK (High: 0.0229 / Low: 0.0213). On the other end, March was the most stable month, with a tight range of 0.0005 NOK (High: 0.0218 / Low: 0.0213).

January Spread (Volatile) ±0.0015

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0237) against the same month in 2017 (average: 0.0231), the exchange rate shifted by +0.0006 (+2.68%).

2018 Avg (December) 0.0237

2017 Avg (December) 0.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0229	0.0213	0.0220
February	0.0221	0.0212	0.0217
March	0.0218	0.0213	0.0216
April	0.0223	0.0216	0.0218
May	0.0230	0.0222	0.0225
June	0.0228	0.0222	0.0225
July	0.0228	0.0222	0.0225
August	0.0235	0.0226	0.0231
September	0.0235	0.0223	0.0228
October	0.0232	0.0224	0.0227
November	0.0237	0.0230	0.0233
December	0.0241	0.0233	0.0237