2018 NGN to TRY Historical Review

YEARLY HIGH

0.0193 TRY

YEARLY LOW

0.0103 TRY

YEARLY AVERAGE

0.0134 TRY

2018 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0193. Conversely, the yearly low was recorded on January 6, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0089 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0146, the exchange rate registered a net change of 39.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0193 was up 55.35% compared to the 2017 peak of 0.0124, 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 19,283 TRY

2017 Average 10,969 TRY

Yearly Trough Low 10,346 TRY

Transaction Impact: A difference of 8,936.61 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0181

0.0098

JanuMarcMayJulySeptNove

NGN to TRY 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 0.0114, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0114

H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0055 TRY (High: 0.0193 / Low: 0.0138). On the other end, February was the most stable month, with a tight range of 0.0002 TRY (High: 0.0106 / Low: 0.0104).

August Spread (Volatile) ±0.0055

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0165) against the same month in 2017 (average: 0.0098), the exchange rate shifted by +0.0066 (+67.16%).

2018 Avg (August) 0.0165

2017 Avg (August) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0103	0.0105
February	0.0106	0.0104	0.0105
March	0.0112	0.0105	0.0108
April	0.0115	0.0110	0.0113
May	0.0132	0.0114	0.0123
June	0.0132	0.0124	0.0129
July	0.0136	0.0127	0.0132
August	0.0193	0.0138	0.0165
September	0.0185	0.0166	0.0174
October	0.0170	0.0151	0.0160
November	0.0152	0.0142	0.0147
December	0.0148	0.0143	0.0146