YEARLY HIGH
0.0208 SRD
YEARLY LOW
0.0204 SRD
YEARLY AVERAGE
0.0207 SRD

2018 NGN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0208. Conversely, the yearly low was recorded on December 1, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0004 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0205, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0208 was down 15.74% compared to the 2017 peak of 0.0247, 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 20,815 SRD
2017 Average 22,540 SRD
Yearly Trough Low 20,392 SRD
Transaction Impact: A difference of 423.19 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0208
0.0205
JanuMarcMayJulySeptNove

NGN to SRD 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 0.0207, compared to 0.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0207
H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0003 SRD (High: 0.0208 / Low: 0.0205). On the other end, April was the most stable month, with a tight range of 0.0001 SRD (High: 0.0208 / Low: 0.0207).

July Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0207) against the same month in 2017 (average: 0.0239), the exchange rate shifted by -0.0031 (-13.15%).

2018 Avg (January) 0.0207
2017 Avg (January) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0206 0.0207
February 0.0207 0.0207 0.0207
March 0.0208 0.0207 0.0207
April 0.0208 0.0207 0.0208
May 0.0208 0.0207 0.0207
June 0.0208 0.0207 0.0207
July 0.0208 0.0205 0.0207
August 0.0207 0.0206 0.0207
September 0.0207 0.0205 0.0206
October 0.0206 0.0205 0.0205
November 0.0207 0.0205 0.0205
December 0.0205 0.0204 0.0205