YEARLY HIGH
0.0917 UYU
YEARLY LOW
0.0782 UYU
YEARLY AVERAGE
0.0849 UYU

2018 NGN to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.0917. Conversely, the yearly low was recorded on April 23, dropping to 0.0782.

This high-to-low spread represents a total annual volatility of 0.0135 UYU. From a start-to-finish perspective, comparing the January average rate of 0.0793 to the December average rate of 0.0885, the exchange rate registered a net change of 11.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0917 was down 3.42% compared to the 2017 peak of 0.0949, 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 91,676 UYU
2017 Average 86,163 UYU
Yearly Trough Low 78,220 UYU
Transaction Impact: A difference of 13,456.22 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0918
0.0775
JanuMarcMayJulySeptNove

NGN to UYU 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 0.0811, compared to 0.0887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.0811
H2 Avg (Jul–Dec) 0.0887

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0082 UYU (High: 0.0872 / Low: 0.0790). On the other end, March was the most stable month, with a tight range of 0.0006 UYU (High: 0.0791 / Low: 0.0786).

May Spread (Volatile) ±0.0082
March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0906) against the same month in 2017 (average: 0.0807), the exchange rate shifted by +0.0099 (+12.28%).

2018 Avg (September) 0.0906
2017 Avg (September) 0.0807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0804 0.0786 0.0793
February 0.0802 0.0785 0.0792
March 0.0791 0.0786 0.0788
April 0.0791 0.0782 0.0786
May 0.0872 0.0790 0.0838
June 0.0881 0.0858 0.0871
July 0.0878 0.0847 0.0865
August 0.0889 0.0833 0.0864
September 0.0917 0.0886 0.0906
October 0.0912 0.0901 0.0905
November 0.0904 0.0881 0.0897
December 0.0889 0.0877 0.0885