YEARLY HIGH
0.0857 TWD
YEARLY LOW
0.0804 TWD
YEARLY AVERAGE
0.0834 TWD

2018 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0857. Conversely, the yearly low was recorded on February 15, dropping to 0.0804.

This high-to-low spread represents a total annual volatility of 0.0053 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0817 to the December average rate of 0.0845, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0857 was down 18.80% compared to the 2017 peak of 0.1055, 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 85,659 TWD
2017 Average 91,624 TWD
Yearly Trough Low 80,387 TWD
Transaction Impact: A difference of 5,271.98 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0854
0.0807
JanuMarcMayJulySeptNove

NGN to TWD 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 0.0820, compared to 0.0848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0820
H2 Avg (Jul–Dec) 0.0848

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0028 TWD (High: 0.0850 / Low: 0.0822). On the other end, March was the most stable month, with a tight range of 0.0009 TWD (High: 0.0814 / Low: 0.0805).

June Spread (Volatile) ±0.0028
March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0848) against the same month in 2017 (average: 0.0840), the exchange rate shifted by +0.0008 (+0.91%).

2018 Avg (September) 0.0848
2017 Avg (September) 0.0840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0831 0.0806 0.0817
February 0.0816 0.0804 0.0811
March 0.0814 0.0805 0.0811
April 0.0825 0.0805 0.0816
May 0.0836 0.0824 0.0829
June 0.0850 0.0822 0.0835
July 0.0852 0.0840 0.0847
August 0.0856 0.0845 0.0850
September 0.0857 0.0837 0.0848
October 0.0856 0.0840 0.0850
November 0.0854 0.0841 0.0847
December 0.0850 0.0839 0.0845