YEARLY HIGH
22.9530 UZS
YEARLY LOW
21.5171 UZS
YEARLY AVERAGE
22.3461 UZS

2018 NGN to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 22.9530. Conversely, the yearly low was recorded on July 26, dropping to 21.5171.

This high-to-low spread represents a total annual volatility of 1.4359 UZS. From a start-to-finish perspective, comparing the January average rate of 22.6155 to the December average rate of 22.8612, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.9530 was down 0.12% compared to the 2017 peak of 22.9813, 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 22,952,982 UZS
2017 Average 15,059,635 UZS
Yearly Trough Low 21,517,110 UZS
Transaction Impact: A difference of 1,435,871.87 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

22.9871
21.4774
JanuMarcMayJulySeptNove

NGN to UZS 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 22.4657, compared to 22.2265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2392 points.

H1 Avg (Jan–Jun) 22.4657
H2 Avg (Jul–Dec) 22.2265

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.7485 UZS (High: 22.3303 / Low: 21.5819). On the other end, February was the most stable month, with a tight range of 0.0927 UZS (High: 22.7797 / Low: 22.6870).

September Spread (Volatile) ±0.7485
February Spread (Stable) ±0.0927

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.3299 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 22.7340) against the same month in 2017 (average: 22.4679), the exchange rate shifted by +0.2661 (+1.18%).

2018 Avg (November) 22.7340
2017 Avg (November) 22.4679

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.7339 22.4191 22.6155
February 22.7797 22.6870 22.7270
March 22.7292 22.5972 22.6542
April 22.5914 22.4273 22.4876
May 22.4618 22.1414 22.3112
June 22.2254 21.8886 21.9987
July 21.9121 21.5171 21.6689
August 21.6604 21.5371 21.6032
September 22.3303 21.5819 21.9355
October 22.7032 22.2243 22.5562
November 22.9530 22.5495 22.7340
December 22.9505 22.7997 22.8612