YEARLY HIGH
6.4614 TZS
YEARLY LOW
6.1975 TZS
YEARLY AVERAGE
6.3017 TZS

2018 NGN to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 6.4614. Conversely, the yearly low was recorded on January 10, dropping to 6.1975.

This high-to-low spread represents a total annual volatility of 0.2639 TZS. From a start-to-finish perspective, comparing the January average rate of 6.2391 to the December average rate of 6.3252, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.4614 was down 11.71% compared to the 2017 peak of 7.3187, 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 6,461,372 TZS
2017 Average 6,732,108 TZS
Yearly Trough Low 6,197,489 TZS
Transaction Impact: A difference of 263,883.67 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.3440
6.2296
JanuMarcMayJulySeptNove

NGN to TZS 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 6.2888, compared to 6.3147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0258 points.

H1 Avg (Jan–Jun) 6.2888
H2 Avg (Jul–Dec) 6.3147

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1597 TZS (High: 6.4614 / Low: 6.3017). On the other end, May was the most stable month, with a tight range of 0.0297 TZS (High: 6.3516 / Low: 6.3219).

June Spread (Volatile) ±0.1597
May Spread (Stable) ±0.0297

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0144 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 6.3267) against the same month in 2017 (average: 7.0203), the exchange rate shifted by -0.6936 (-9.88%).

2018 Avg (June) 6.3267
2017 Avg (June) 7.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.2748 6.1975 6.2391
February 6.2672 6.2374 6.2508
March 6.2863 6.2420 6.2655
April 6.3667 6.2724 6.3163
May 6.3516 6.3219 6.3345
June 6.4614 6.3017 6.3267
July 6.3488 6.2968 6.3151
August 6.3450 6.3030 6.3232
September 6.3629 6.2755 6.3087
October 6.3140 6.2793 6.2982
November 6.3903 6.2840 6.3175
December 6.3645 6.2892 6.3252