YEARLY HIGH
0.0114 RON
YEARLY LOW
0.0103 RON
YEARLY AVERAGE
0.0109 RON

2018 NGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0114. Conversely, the yearly low was recorded on February 1, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0011 RON. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0112, the exchange rate registered a net change of 6.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0114 was down 18.43% compared to the 2017 peak of 0.0140, 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 11,418 RON
2017 Average 12,213 RON
Yearly Trough Low 10,325 RON
Transaction Impact: A difference of 1,093.45 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0114
0.0104
JanuMarcMayJulySeptNove

NGN to RON 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 0.0107, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0005 RON (High: 0.0112 / Low: 0.0107). On the other end, March was the most stable month, with a tight range of 0.0002 RON (High: 0.0106 / Low: 0.0104).

May Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0113) against the same month in 2017 (average: 0.0110), the exchange rate shifted by +0.0003 (+2.82%).

2018 Avg (November) 0.0113
2017 Avg (November) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0108 0.0104 0.0106
February 0.0106 0.0103 0.0105
March 0.0106 0.0104 0.0105
April 0.0107 0.0104 0.0106
May 0.0112 0.0107 0.0109
June 0.0112 0.0110 0.0111
July 0.0111 0.0109 0.0110
August 0.0114 0.0109 0.0111
September 0.0112 0.0109 0.0110
October 0.0113 0.0111 0.0112
November 0.0114 0.0112 0.0113
December 0.0114 0.0111 0.0112