2018 NGN to SOS Historical Review

YEARLY HIGH

1.6280 SOS

YEARLY LOW

1.5744 SOS

YEARLY AVERAGE

1.6022 SOS

2018 NGN to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.6280. Conversely, the yearly low was recorded on November 17, dropping to 1.5744.

This high-to-low spread represents a total annual volatility of 0.0536 SOS. From a start-to-finish perspective, comparing the January average rate of 1.6099 to the December average rate of 1.5932, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6280 was down 14.49% compared to the 2017 peak of 1.9040, 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 1,628,020 SOS

2017 Average 1,742,550 SOS

Yearly Trough Low 1,574,429 SOS

Transaction Impact: A difference of 53,590.47 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6151

1.5912

JanuMarcMayJulySeptNove

NGN to SOS 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 1.6070, compared to 1.5973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 1.6070

H2 Avg (Jul–Dec) 1.5973

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0358 SOS (High: 1.6280 / Low: 1.5922). On the other end, October was the most stable month, with a tight range of 0.0105 SOS (High: 1.6006 / Low: 1.5900).

January Spread (Volatile) ±0.0358

October Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.6099) against the same month in 2017 (average: 1.8458), the exchange rate shifted by -0.2359 (-12.78%).

2018 Avg (January) 1.6099

2017 Avg (January) 1.8458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6280	1.5922	1.6099
February	1.6194	1.6042	1.6113
March	1.6250	1.6022	1.6131
April	1.6214	1.5889	1.6052
May	1.6161	1.5845	1.6009
June	1.6139	1.5867	1.6014
July	1.6091	1.5980	1.6035
August	1.6089	1.5960	1.6017
September	1.6093	1.5880	1.5972
October	1.6006	1.5900	1.5946
November	1.6042	1.5744	1.5938
December	1.5992	1.5868	1.5932