YEARLY HIGH
0.0020 XDR
YEARLY LOW
0.0019 XDR
YEARLY AVERAGE
0.0020 XDR

2018 NGN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0020. Conversely, the yearly low was recorded on February 17, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0001 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0020, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0020 was down 18.73% compared to the 2017 peak of 0.0025, 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 1,992 XDR
2017 Average 2,173 XDR
Yearly Trough Low 1,898 XDR
Transaction Impact: A difference of 94.59 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0020
0.0019
JanuMarcMayJulySeptNove

NGN to XDR 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 0.0019, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0001 XDR (High: 0.0020 / Low: 0.0019). On the other end, March was the most stable month, with a tight range of 0.0000 XDR (High: 0.0019 / Low: 0.0019).

January Spread (Volatile) ±0.0001
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0020) against the same month in 2017 (average: 0.0020), the exchange rate shifted by +0.0000 (+0.13%).

2018 Avg (November) 0.0020
2017 Avg (November) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0019
February 0.0019 0.0019 0.0019
March 0.0019 0.0019 0.0019
April 0.0019 0.0019 0.0019
May 0.0020 0.0019 0.0019
June 0.0020 0.0020 0.0020
July 0.0020 0.0020 0.0020
August 0.0020 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0020 0.0020
November 0.0020 0.0020 0.0020
December 0.0020 0.0020 0.0020