2018 NOK to NGN Historical Review

YEARLY HIGH

47.1138 NGN

YEARLY LOW

41.5100 NGN

YEARLY AVERAGE

44.4315 NGN

2018 NOK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 47.1138. Conversely, the yearly low was recorded on December 23, dropping to 41.5100.

This high-to-low spread represents a total annual volatility of 5.6038 NGN. From a start-to-finish perspective, comparing the January average rate of 45.5589 to the December average rate of 42.1633, the exchange rate registered a net change of -7.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 47.1138 was up 0.85% compared to the 2017 peak of 46.7181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235,569 NGN

2017 Average 202,317 NGN

Yearly Trough Low 207,550 NGN

Transaction Impact: A difference of 28,018.94 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

46.7824

41.7434

JanuMarcMayJulySeptNove

NOK 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 45.4424, compared to 43.4207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0217 points.

H1 Avg (Jan–Jun) 45.4424

H2 Avg (Jul–Dec) 43.4207

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 3.1149 NGN (High: 46.8525 / Low: 43.7376). On the other end, June was the most stable month, with a tight range of 1.0411 NGN (High: 44.9711 / Low: 43.9300).

January Spread (Volatile) ±3.1149

June Spread (Stable) ±1.0411

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 1.3859 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 46.0102) against the same month in 2017 (average: 37.8460), the exchange rate shifted by +8.1642 (+21.57%).

2018 Avg (February) 46.0102

2017 Avg (February) 37.8460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.8525	43.7376	45.5589
February	47.1138	45.2503	46.0102
March	46.8763	45.7803	46.3625
April	46.3902	44.8992	45.8682
May	45.0517	43.3961	44.4823
June	44.9711	43.9300	44.3722
July	44.9498	43.8592	44.3501
August	44.1907	42.5671	43.2743
September	44.8786	42.5679	43.8607
October	44.6667	43.1159	43.9905
November	43.5074	42.2768	42.8853
December	42.8768	41.5100	42.1633