YEARLY HIGH
0.0105 SAR
YEARLY LOW
0.0103 SAR
YEARLY AVERAGE
0.0104 SAR

2018 NGN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0105. Conversely, the yearly low was recorded on December 1, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0002 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0103, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0105 was down 14.97% compared to the 2017 peak of 0.0124, 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 10,508 SAR
2017 Average 11,287 SAR
Yearly Trough Low 10,259 SAR
Transaction Impact: A difference of 248.40 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0104
0.0103
JanuMarcMayJulySeptNove

NGN to SAR 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 0.0104, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0104
H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0001 SAR (High: 0.0104 / Low: 0.0103). On the other end, February was the most stable month, with a tight range of 0.0000 SAR (High: 0.0104 / Low: 0.0104).

September Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0104) against the same month in 2017 (average: 0.0118), the exchange rate shifted by -0.0014 (-11.96%).

2018 Avg (May) 0.0104
2017 Avg (May) 0.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0104 0.0104
February 0.0104 0.0104 0.0104
March 0.0104 0.0104 0.0104
April 0.0104 0.0104 0.0104
May 0.0105 0.0104 0.0104
June 0.0105 0.0104 0.0104
July 0.0104 0.0104 0.0104
August 0.0104 0.0103 0.0104
September 0.0104 0.0103 0.0104
October 0.0104 0.0103 0.0103
November 0.0104 0.0103 0.0103
December 0.0103 0.0103 0.0103