YEARLY HIGH
0.1321 SDG
YEARLY LOW
0.0194 SDG
YEARLY AVERAGE
0.0644 SDG

2018 NGN to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.1321. Conversely, the yearly low was recorded on January 10, dropping to 0.0194.

This high-to-low spread represents a total annual volatility of 0.1127 SDG. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.1308, the exchange rate registered a net change of 571.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1321 was up 504.69% compared to the 2017 peak of 0.0218, 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 132,054 SDG
2017 Average 19,958 SDG
Yearly Trough Low 19,356 SDG
Transaction Impact: A difference of 112,697.98 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1423
0.0083
JanuMarcMayJulySeptNove

NGN to SDG 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 0.0444, compared to 0.0843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0399 points.

H1 Avg (Jan–Jun) 0.0444
H2 Avg (Jul–Dec) 0.0843

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0818 SDG (High: 0.1313 / Low: 0.0495). On the other end, January was the most stable month, with a tight range of 0.0002 SDG (High: 0.0195 / Low: 0.0194).

October Spread (Volatile) ±0.0818
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1311) against the same month in 2017 (average: 0.0186), the exchange rate shifted by +0.1125 (+605.88%).

2018 Avg (November) 0.1311
2017 Avg (November) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0195 0.0194 0.0195
February 0.0504 0.0195 0.0463
March 0.0505 0.0500 0.0502
April 0.0505 0.0500 0.0503
May 0.0505 0.0499 0.0502
June 0.0502 0.0499 0.0500
July 0.0501 0.0497 0.0499
August 0.0502 0.0497 0.0499
September 0.0503 0.0495 0.0498
October 0.1313 0.0495 0.0943
November 0.1321 0.1296 0.1311
December 0.1312 0.1303 0.1308