2018 SAR to NGN Historical Review

YEARLY HIGH

97.4738 NGN

YEARLY LOW

95.1695 NGN

YEARLY AVERAGE

96.3274 NGN

2018 SAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 97.4738. Conversely, the yearly low was recorded on May 1, dropping to 95.1695.

This high-to-low spread represents a total annual volatility of 2.3043 NGN. From a start-to-finish perspective, comparing the January average rate of 96.0307 to the December average rate of 97.0294, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 97.4738 was down 0.94% compared to the 2017 peak of 98.3985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 487,369 NGN

2017 Average 444,925 NGN

Yearly Trough Low 475,848 NGN

Transaction Impact: A difference of 11,521.29 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

97.1367

95.8488

JanuMarcMayJulySeptNove

SAR 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 96.0323, compared to 96.6224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5900 points.

H1 Avg (Jan–Jun) 96.0323

H2 Avg (Jul–Dec) 96.6224

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.1934 NGN (High: 97.0455 / Low: 95.8521). On the other end, February was the most stable month, with a tight range of 0.2808 NGN (High: 96.2642 / Low: 95.9834).

September Spread (Volatile) ±1.1934

February Spread (Stable) ±0.2808

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0897 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 97.0294) against the same month in 2017 (average: 95.9377), the exchange rate shifted by +1.0917 (+1.14%).

2018 Avg (December) 97.0294

2017 Avg (December) 95.9377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	96.6138	95.5404	96.0307
February	96.2642	95.9834	96.1224
March	96.2285	95.8974	96.0327
April	96.0564	95.7503	95.9561
May	96.2577	95.1695	96.0059
June	96.2869	95.4380	96.0461
July	96.5211	95.7318	96.1578
August	96.7105	95.9865	96.2611
September	97.0455	95.8521	96.5409
October	97.0240	96.5524	96.8662
November	97.1633	96.1167	96.8788
December	97.4738	96.7716	97.0294