2018 NGN to XOF Historical Review

YEARLY HIGH

1.6082 XOF

YEARLY LOW

1.4563 XOF

YEARLY AVERAGE

1.5381 XOF

2018 NGN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 1.6082. Conversely, the yearly low was recorded on February 1, dropping to 1.4563.

This high-to-low spread represents a total annual volatility of 0.1519 XOF. From a start-to-finish perspective, comparing the January average rate of 1.4931 to the December average rate of 1.5839, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6082 was down 21.48% compared to the 2017 peak of 2.0481, 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 1,608,212 XOF

2017 Average 1,756,778 XOF

Yearly Trough Low 1,456,315 XOF

Transaction Impact: A difference of 151,896.65 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5992

1.4624

JanuMarcMayJulySeptNove

NGN to XOF 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 1.5048, compared to 1.5714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0666 points.

H1 Avg (Jan–Jun) 1.5048

H2 Avg (Jul–Dec) 1.5714

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0629 XOF (High: 1.5799 / Low: 1.5170). On the other end, July was the most stable month, with a tight range of 0.0184 XOF (High: 1.5645 / Low: 1.5461).

May Spread (Volatile) ±0.0629

July Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0195 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.5878) against the same month in 2017 (average: 1.5538), the exchange rate shifted by +0.0340 (+2.19%).

2018 Avg (November) 1.5878

2017 Avg (November) 1.5538

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5279	1.4657	1.4931
February	1.4904	1.4563	1.4738
March	1.4876	1.4637	1.4766
April	1.5093	1.4713	1.4851
May	1.5799	1.5170	1.5407
June	1.5772	1.5420	1.5592
July	1.5645	1.5461	1.5554
August	1.6036	1.5486	1.5745
September	1.5770	1.5336	1.5550
October	1.5943	1.5558	1.5715
November	1.6082	1.5761	1.5878
December	1.5985	1.5660	1.5839