2018 NZD to NGN Historical Review

YEARLY HIGH

266.8512 NGN

YEARLY LOW

233.5508 NGN

YEARLY AVERAGE

250.1598 NGN

2018 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 266.8512. Conversely, the yearly low was recorded on October 6, dropping to 233.5508.

This high-to-low spread represents a total annual volatility of 33.3004 NGN. From a start-to-finish perspective, comparing the January average rate of 261.2466 to the December average rate of 247.7119, the exchange rate registered a net change of -5.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 266.8512 was down 2.53% compared to the 2017 peak of 273.7898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,334,256 NGN

2017 Average 1,186,036 NGN

Yearly Trough Low 1,167,754 NGN

Transaction Impact: A difference of 166,502.02 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

265.9335

234.4136

JanuMarcMayJulySeptNove

NZD 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 257.7570, compared to 242.5626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.1944 points.

H1 Avg (Jan–Jun) 257.7570

H2 Avg (Jul–Dec) 242.5626

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 12.4259 NGN (High: 265.5798 / Low: 253.1539). On the other end, March was the most stable month, with a tight range of 5.6421 NGN (High: 264.0894 / Low: 258.4473).

April Spread (Volatile) ±12.4259

March Spread (Stable) ±5.6421

Growth Streaks & Declines

Trends

Between October and December, 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 10.0915 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.0915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 263.3068) against the same month in 2017 (average: 227.5804), the exchange rate shifted by +35.7265 (+15.70%).

2018 Avg (February) 263.3068

2017 Avg (February) 227.5804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	265.3834	254.0466	261.2466
February	266.8512	260.1421	263.3068
March	264.0894	258.4473	261.1966
April	265.5798	253.1539	260.4748
May	253.3789	247.1646	250.3833
June	254.0286	243.0387	249.9339
July	247.3586	241.6627	244.8850
August	245.3798	236.6195	240.5843
September	242.4603	235.1658	238.8915
October	240.2084	233.5508	237.0403
November	250.6447	241.5033	246.2623
December	252.4098	244.0106	247.7119