YEARLY HIGH
0.1502 PHP
YEARLY LOW
0.1378 PHP
YEARLY AVERAGE
0.1458 PHP

2018 NGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.1502. Conversely, the yearly low was recorded on January 6, dropping to 0.1378.

This high-to-low spread represents a total annual volatility of 0.0124 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1403 to the December average rate of 0.1450, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1502 was down 9.35% compared to the 2017 peak of 0.1657, 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 150,234 PHP
2017 Average 151,549 PHP
Yearly Trough Low 137,828 PHP
Transaction Impact: A difference of 12,405.80 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1499
0.1394
JanuMarcMayJulySeptNove

NGN to PHP 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 0.1443, compared to 0.1472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1443
H2 Avg (Jul–Dec) 0.1472

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0049 PHP (High: 0.1427 / Low: 0.1378). On the other end, March was the most stable month, with a tight range of 0.0017 PHP (High: 0.1457 / Low: 0.1440).

January Spread (Volatile) ±0.0049
March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.1490) against the same month in 2017 (average: 0.1421), the exchange rate shifted by +0.0069 (+4.86%).

2018 Avg (September) 0.1490
2017 Avg (September) 0.1421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1427 0.1378 0.1403
February 0.1452 0.1422 0.1439
March 0.1457 0.1440 0.1447
April 0.1458 0.1434 0.1446
May 0.1465 0.1436 0.1451
June 0.1491 0.1453 0.1474
July 0.1490 0.1470 0.1480
August 0.1485 0.1465 0.1475
September 0.1502 0.1476 0.1490
October 0.1495 0.1469 0.1484
November 0.1468 0.1433 0.1452
December 0.1463 0.1433 0.1450