2018 QAR to NGN Historical Review

YEARLY HIGH

100.8955 NGN

YEARLY LOW

98.0226 NGN

YEARLY AVERAGE

99.2235 NGN

2018 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 100.8955. Conversely, the yearly low was recorded on December 15, dropping to 98.0226.

This high-to-low spread represents a total annual volatility of 2.8729 NGN. From a start-to-finish perspective, comparing the January average rate of 98.9367 to the December average rate of 99.8238, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 100.8955 was up 0.25% compared to the 2017 peak of 100.6465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 504,477 NGN

2017 Average 453,633 NGN

Yearly Trough Low 490,113 NGN

Transaction Impact: A difference of 14,364.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

99.9571

98.7261

JanuMarcMayJulySeptNove

QAR 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 98.9231, compared to 99.5240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6008 points.

H1 Avg (Jan–Jun) 98.9231

H2 Avg (Jul–Dec) 99.5240

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.4268 NGN (High: 100.4494 / Low: 98.0226). On the other end, April was the most stable month, with a tight range of 0.3117 NGN (High: 98.9351 / Low: 98.6234).

December Spread (Volatile) ±2.4268

April Spread (Stable) ±0.3117

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1031 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 99.8545) against the same month in 2017 (average: 94.4744), the exchange rate shifted by +5.3801 (+5.69%).

2018 Avg (November) 99.8545

2017 Avg (November) 94.4744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	99.5035	98.5323	98.9367
February	99.2399	98.8469	99.0049
March	99.1160	98.7565	98.9018
April	98.9351	98.6234	98.8287
May	99.1486	98.7344	98.9230
June	99.1629	98.7916	98.9437
July	99.4233	98.6042	99.0453
August	99.6097	98.8693	99.1817
September	99.9065	98.7115	99.4335
October	99.9726	99.5881	99.8050
November	100.8955	99.0677	99.8545
December	100.4494	98.0226	99.8238