YEARLY HIGH
0.0244 SVC
YEARLY LOW
0.0238 SVC
YEARLY AVERAGE
0.0242 SVC

2018 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0244. Conversely, the yearly low was recorded on November 17, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0006 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0240, 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 0.0244 was down 15.14% compared to the 2017 peak of 0.0288, 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 24,403 SVC
2017 Average 26,326 SVC
Yearly Trough Low 23,816 SVC
Transaction Impact: A difference of 586.94 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0243
0.0240
JanuMarcMayJulySeptNove

NGN to SVC 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 0.0243, compared to 0.0241 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) 0.0243
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0004 SVC (High: 0.0243 / Low: 0.0238). On the other end, March was the most stable month, with a tight range of 0.0001 SVC (High: 0.0243 / Low: 0.0242).

November Spread (Volatile) ±0.0004
March 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: 0.0243) against the same month in 2017 (average: 0.0279), the exchange rate shifted by -0.0037 (-13.08%).

2018 Avg (January) 0.0243
2017 Avg (January) 0.0279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0241 0.0243
February 0.0243 0.0242 0.0243
March 0.0243 0.0242 0.0243
April 0.0244 0.0243 0.0243
May 0.0243 0.0242 0.0243
June 0.0243 0.0242 0.0243
July 0.0244 0.0242 0.0243
August 0.0243 0.0242 0.0242
September 0.0243 0.0241 0.0242
October 0.0241 0.0240 0.0241
November 0.0243 0.0238 0.0241
December 0.0241 0.0239 0.0240