YEARLY HIGH
96.8542 NGN
YEARLY LOW
87.5791 NGN
YEARLY AVERAGE
91.7042 NGN

2018 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 96.8542. Conversely, the yearly low was recorded on November 12, dropping to 87.5791.

This high-to-low spread represents a total annual volatility of 9.2751 NGN. From a start-to-finish perspective, comparing the January average rate of 94.4641 to the December average rate of 89.0707, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 96.8542 was up 1.66% compared to the 2017 peak of 95.2689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 484,271 NGN
2017 Average 413,457 NGN
Yearly Trough Low 437,895 NGN
Transaction Impact: A difference of 46,375.41 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

96.3050
87.9488
JanuMarcMayJulySeptNove

RON 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 93.6797, compared to 89.7287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9510 points.

H1 Avg (Jan–Jun) 93.6797
H2 Avg (Jul–Dec) 89.7287

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 4.1178 NGN (High: 93.4729 / Low: 89.3552). On the other end, November was the most stable month, with a tight range of 1.6182 NGN (High: 89.1973 / Low: 87.5791).

May Spread (Volatile) ±4.1178
November Spread (Stable) ±1.6182

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.0589 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.0589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 95.6086) against the same month in 2017 (average: 74.3184), the exchange rate shifted by +21.2902 (+28.65%).

2018 Avg (February) 95.6086
2017 Avg (February) 74.3184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 96.1720 92.2236 94.4641
February 96.8542 94.5129 95.6086
March 96.3396 94.4731 95.2868
April 96.0969 93.2392 94.7842
May 93.4729 89.3552 91.7253
June 91.2071 89.1597 90.2092
July 91.7908 89.9036 90.6741
August 91.3854 87.7363 89.7129
September 91.8354 89.6206 90.8323
October 90.4171 88.2148 89.4371
November 89.1973 87.5791 88.6451
December 89.9431 88.0383 89.0707