YEARLY HIGH
0.0804 UAH
YEARLY LOW
0.0720 UAH
YEARLY AVERAGE
0.0753 UAH

2018 NGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0804. Conversely, the yearly low was recorded on March 12, dropping to 0.0720.

This high-to-low spread represents a total annual volatility of 0.0084 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0791 to the December average rate of 0.0762, the exchange rate registered a net change of -3.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0804 was down 10.34% compared to the 2017 peak of 0.0896, 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 80,373 UAH
2017 Average 80,058 UAH
Yearly Trough Low 71,989 UAH
Transaction Impact: A difference of 8,383.68 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0797
0.0721
JanuMarcMayJulySeptNove

NGN to UAH 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 0.0743, compared to 0.0763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0743
H2 Avg (Jul–Dec) 0.0763

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0033 UAH (High: 0.0780 / Low: 0.0747). On the other end, May was the most stable month, with a tight range of 0.0011 UAH (High: 0.0733 / Low: 0.0721).

August Spread (Volatile) ±0.0033
May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and September, 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 January and February, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0791) against the same month in 2017 (average: 0.0870), the exchange rate shifted by -0.0079 (-9.12%).

2018 Avg (January) 0.0791
2017 Avg (January) 0.0870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0804 0.0771 0.0791
February 0.0773 0.0742 0.0753
March 0.0748 0.0720 0.0730
April 0.0736 0.0721 0.0727
May 0.0733 0.0721 0.0727
June 0.0736 0.0723 0.0728
July 0.0744 0.0726 0.0731
August 0.0780 0.0747 0.0762
September 0.0792 0.0773 0.0779
October 0.0780 0.0767 0.0773
November 0.0778 0.0756 0.0768
December 0.0777 0.0751 0.0762