2018 NGN to USD Historical Review

YEARLY HIGH

0.0028 USD

YEARLY LOW

0.0027 USD

YEARLY AVERAGE

0.0028 USD

2018 NGN to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0028. Conversely, the yearly low was recorded on December 1, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0001 USD. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0027, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0028 was down 15.29% compared to the 2017 peak of 0.0033, 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 2,791 USD

2017 Average 3,010 USD

Yearly Trough Low 2,734 USD

Transaction Impact: A difference of 56.74 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0028

0.0027

JanuMarcMayJulySeptNove

NGN to USD 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 0.0028, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0000 USD (High: 0.0028 / Low: 0.0027). On the other end, April was the most stable month, with a tight range of 0.0000 USD (High: 0.0028 / Low: 0.0028).

September Spread (Volatile) ±0.0000

April Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0028) against the same month in 2017 (average: 0.0032), the exchange rate shifted by -0.0004 (-13.08%).

2018 Avg (January) 0.0028

2017 Avg (January) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0028	0.0028	0.0028
February	0.0028	0.0028	0.0028
March	0.0028	0.0028	0.0028
April	0.0028	0.0028	0.0028
May	0.0028	0.0028	0.0028
June	0.0028	0.0028	0.0028
July	0.0028	0.0028	0.0028
August	0.0028	0.0028	0.0028
September	0.0028	0.0027	0.0028
October	0.0028	0.0027	0.0028
November	0.0028	0.0027	0.0028
December	0.0028	0.0027	0.0027