YEARLY HIGH
11.6983 NGN
YEARLY LOW
11.1384 NGN
YEARLY AVERAGE
11.4130 NGN

2018 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 11.6983. Conversely, the yearly low was recorded on November 22, dropping to 11.1384.

This high-to-low spread represents a total annual volatility of 0.5600 NGN. From a start-to-finish perspective, comparing the January average rate of 11.6322 to the December average rate of 11.2220, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.6983 was down 5.03% compared to the 2017 peak of 12.3174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 58,492 NGN
2017 Average 55,603 NGN
Yearly Trough Low 55,692 NGN
Transaction Impact: A difference of 2,799.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.6733
11.1810
JanuMarcMayJulySeptNove

NIO to NGN 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 11.5313, compared to 11.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2365 points.

H1 Avg (Jan–Jun) 11.5313
H2 Avg (Jul–Dec) 11.2948

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2230 NGN (High: 11.3613 / Low: 11.1384). On the other end, April was the most stable month, with a tight range of 0.0717 NGN (High: 11.5677 / Low: 11.4960).

November Spread (Volatile) ±0.2230
April Spread (Stable) ±0.0717

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0769 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 11.6322) against the same month in 2017 (average: 10.6486), the exchange rate shifted by +0.9836 (+9.24%).

2018 Avg (January) 11.6322
2017 Avg (January) 10.6486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6983 11.5460 11.6322
February 11.6082 11.5200 11.5715
March 11.6002 11.5090 11.5589
April 11.5677 11.4960 11.5330
May 11.5339 11.4159 11.4846
June 11.4598 11.3529 11.4077
July 11.4345 11.3104 11.3708
August 11.3796 11.2551 11.3243
September 11.3671 11.2316 11.3006
October 11.3442 11.2531 11.2945
November 11.3613 11.1384 11.2564
December 11.2659 11.1579 11.2220