YEARLY HIGH
0.0255 SEK
YEARLY LOW
0.0218 SEK
YEARLY AVERAGE
0.0241 SEK

2018 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.0255. Conversely, the yearly low was recorded on February 1, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0037 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0248, the exchange rate registered a net change of 11.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0255 was down 14.26% compared to the 2017 peak of 0.0298, 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 25,529 SEK
2017 Average 25,760 SEK
Yearly Trough Low 21,784 SEK
Transaction Impact: A difference of 3,744.84 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0254
0.0220
JanuMarcMayJulySeptNove

NGN to SEK 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 0.0233, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0233
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.0013 SEK (High: 0.0243 / Low: 0.0231). On the other end, November was the most stable month, with a tight range of 0.0005 SEK (High: 0.0252 / Low: 0.0247).

April Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0251) against the same month in 2017 (average: 0.0227), the exchange rate shifted by +0.0025 (+10.81%).

2018 Avg (August) 0.0251
2017 Avg (August) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0229 0.0219 0.0223
February 0.0230 0.0218 0.0223
March 0.0232 0.0227 0.0229
April 0.0243 0.0231 0.0235
May 0.0249 0.0239 0.0243
June 0.0251 0.0239 0.0244
July 0.0249 0.0242 0.0245
August 0.0255 0.0244 0.0251
September 0.0254 0.0242 0.0247
October 0.0252 0.0245 0.0249
November 0.0252 0.0247 0.0249
December 0.0250 0.0245 0.0248