YEARLY HIGH
0.0190 TTD
YEARLY LOW
0.0183 TTD
YEARLY AVERAGE
0.0187 TTD

2018 NGN to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0190. Conversely, the yearly low was recorded on November 17, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0006 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0186, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0190 was down 14.16% compared to the 2017 peak of 0.0221, 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 18,957 TTD
2017 Average 20,259 TTD
Yearly Trough Low 18,344 TTD
Transaction Impact: A difference of 612.11 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0188
0.0185
JanuMarcMayJulySeptNove

NGN to TTD 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 0.0187, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0003 TTD (High: 0.0187 / Low: 0.0183). On the other end, August was the most stable month, with a tight range of 0.0001 TTD (High: 0.0187 / Low: 0.0186).

November Spread (Volatile) ±0.0003
August 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 (April 2018: 0.0188) against the same month in 2017 (average: 0.0214), the exchange rate shifted by -0.0026 (-12.17%).

2018 Avg (April) 0.0188
2017 Avg (April) 0.0214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0189 0.0185 0.0187
February 0.0188 0.0186 0.0187
March 0.0189 0.0187 0.0188
April 0.0190 0.0187 0.0188
May 0.0189 0.0187 0.0187
June 0.0187 0.0186 0.0187
July 0.0188 0.0186 0.0187
August 0.0187 0.0186 0.0187
September 0.0188 0.0185 0.0186
October 0.0187 0.0185 0.0186
November 0.0187 0.0183 0.0185
December 0.0187 0.0184 0.0186