2018 NGN to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |