YEARLY HIGH
0.3844 PKR
YEARLY LOW
0.3054 PKR
YEARLY AVERAGE
0.3362 PKR

2018 NGN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.3844. Conversely, the yearly low was recorded on January 10, dropping to 0.3054.

This high-to-low spread represents a total annual volatility of 0.0789 PKR. From a start-to-finish perspective, comparing the January average rate of 0.3073 to the December average rate of 0.3819, the exchange rate registered a net change of 24.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3844 was up 11.81% compared to the 2017 peak of 0.3437, 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 384,354 PKR
2017 Average 316,790 PKR
Yearly Trough Low 305,417 PKR
Transaction Impact: A difference of 78,937.24 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3894
0.2995
JanuMarcMayJulySeptNove

NGN to PKR 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 0.3164, compared to 0.3560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0395 points.

H1 Avg (Jan–Jun) 0.3164
H2 Avg (Jul–Dec) 0.3560

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0297 PKR (High: 0.3679 / Low: 0.3382). On the other end, April was the most stable month, with a tight range of 0.0012 PKR (High: 0.3221 / Low: 0.3208).

October Spread (Volatile) ±0.0297
April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.3819) against the same month in 2017 (average: 0.3021), the exchange rate shifted by +0.0798 (+26.41%).

2018 Avg (December) 0.3819
2017 Avg (December) 0.3021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3083 0.3054 0.3073
February 0.3076 0.3062 0.3070
March 0.3214 0.3066 0.3121
April 0.3221 0.3208 0.3214
May 0.3220 0.3202 0.3212
June 0.3382 0.3205 0.3297
July 0.3594 0.3366 0.3455
August 0.3443 0.3386 0.3415
September 0.3425 0.3388 0.3407
October 0.3679 0.3382 0.3578
November 0.3730 0.3659 0.3686
December 0.3844 0.3669 0.3819