2018 NGN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NGN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 16.5505. Conversely, the yearly low was recorded on March 8, dropping to 15.1263.
This high-to-low spread represents a total annual volatility of 1.4242 PYG. From a start-to-finish perspective, comparing the January average rate of 15.6776 to the December average rate of 16.2802, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 16.5505 was down 12.94% compared to the 2017 peak of 19.0095, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NGN to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.5663, compared to 16.1654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5991 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 0.5069 PYG (High: 15.9098 / Low: 15.4029). On the other end, April was the most stable month, with a tight range of 0.1215 PYG (High: 15.4544 / Low: 15.3329).
Growth Streaks & Declines
TrendsBetween March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2068 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 16.3766) against the same month in 2017 (average: 15.7964), the exchange rate shifted by +0.5802 (+3.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.7901 | 15.5315 | 15.6776 |
| February | 15.7313 | 15.4288 | 15.5306 |
| March | 15.4794 | 15.1263 | 15.3238 |
| April | 15.4544 | 15.3329 | 15.4067 |
| May | 15.9098 | 15.4029 | 15.6487 |
| June | 15.9230 | 15.6564 | 15.8102 |
| July | 15.9651 | 15.7817 | 15.8540 |
| August | 16.1566 | 15.8788 | 15.9756 |
| September | 16.2746 | 16.0271 | 16.1666 |
| October | 16.5505 | 16.1976 | 16.3766 |
| November | 16.5108 | 16.1240 | 16.3392 |
| December | 16.4457 | 16.2106 | 16.2802 |