YEARLY HIGH
0.0661 NGN
YEARLY LOW
0.0604 NGN
YEARLY AVERAGE
0.0631 NGN

2018 PYG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PYG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0661. Conversely, the yearly low was recorded on October 29, dropping to 0.0604.

This high-to-low spread represents a total annual volatility of 0.0057 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0638 to the December average rate of 0.0614, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0661 was up 0.48% compared to the 2017 peak of 0.0658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331 NGN
2017 Average 296 NGN
Yearly Trough Low 302 NGN
Transaction Impact: A difference of 28.44 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0657
0.0606
JanuMarcMayJulySeptNove

PYG 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 0.0643, compared to 0.0619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0643
H2 Avg (Jul–Dec) 0.0619

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0021 NGN (High: 0.0649 / Low: 0.0629). On the other end, April was the most stable month, with a tight range of 0.0005 NGN (High: 0.0652 / Low: 0.0647).

May Spread (Volatile) ±0.0021
April Spread (Stable) ±0.0005

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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0653) against the same month in 2017 (average: 0.0569), the exchange rate shifted by +0.0084 (+14.72%).

2018 Avg (March) 0.0653
2017 Avg (March) 0.0569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0644 0.0633 0.0638
February 0.0648 0.0636 0.0644
March 0.0661 0.0646 0.0653
April 0.0652 0.0647 0.0649
May 0.0649 0.0629 0.0639
June 0.0639 0.0628 0.0633
July 0.0634 0.0626 0.0631
August 0.0630 0.0619 0.0626
September 0.0624 0.0614 0.0619
October 0.0617 0.0604 0.0611
November 0.0620 0.0606 0.0612
December 0.0617 0.0608 0.0614