YEARLY HIGH
3.2742 NGN
YEARLY LOW
2.6018 NGN
YEARLY AVERAGE
2.9890 NGN

2018 PKR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3.2742. Conversely, the yearly low was recorded on December 16, dropping to 2.6018.

This high-to-low spread represents a total annual volatility of 0.6724 NGN. From a start-to-finish perspective, comparing the January average rate of 3.2544 to the December average rate of 2.6184, the exchange rate registered a net change of -19.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 3.2742 was down 6.53% compared to the 2017 peak of 3.5028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 1,637,108 NGN
2017 Average 1,584,283 NGN
Yearly Trough Low 1,300,884 NGN
Transaction Impact: A difference of 336,223.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

3.3213
2.5546
JanuMarcMayJulySeptNove

PKR 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 3.1629, compared to 2.8151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3477 points.

H1 Avg (Jan–Jun) 3.1629
H2 Avg (Jul–Dec) 2.8151

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.2386 NGN (High: 2.9567 / Low: 2.7181). On the other end, April was the most stable month, with a tight range of 0.0119 NGN (High: 3.1169 / Low: 3.1050).

October Spread (Volatile) ±0.2386
April Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.1381 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 3.2544) against the same month in 2017 (average: 2.9921), the exchange rate shifted by +0.2623 (+8.77%).

2018 Avg (January) 3.2544
2017 Avg (January) 2.9921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2742 3.2437 3.2544
February 3.2655 3.2515 3.2574
March 3.2620 3.1112 3.2056
April 3.1169 3.1050 3.1118
May 3.1228 3.1052 3.1133
June 3.1201 2.9567 3.0348
July 2.9708 2.7826 2.8967
August 2.9537 2.9043 2.9287
September 2.9517 2.9196 2.9352
October 2.9567 2.7181 2.7985
November 2.7329 2.6807 2.7133
December 2.7255 2.6018 2.6184