YEARLY HIGH
46.7172 NGN
YEARLY LOW
44.2500 NGN
YEARLY AVERAGE
45.8628 NGN

2018 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 46.7172. Conversely, the yearly low was recorded on December 31, dropping to 44.2500.

This high-to-low spread represents a total annual volatility of 2.4672 NGN. From a start-to-finish perspective, comparing the January average rate of 46.3565 to the December average rate of 45.0387, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 46.7172 was down 3.01% compared to the 2017 peak of 48.1687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233,586 NGN
2017 Average 213,664 NGN
Yearly Trough Low 221,250 NGN
Transaction Impact: A difference of 12,336.01 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

46.6271
44.8943
JanuMarcMayJulySeptNove

SBD 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 46.1601, compared to 45.5656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5945 points.

H1 Avg (Jan–Jun) 46.1601
H2 Avg (Jul–Dec) 45.5656

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.6262 NGN (High: 45.8761 / Low: 44.2500). On the other end, March was the most stable month, with a tight range of 0.3213 NGN (High: 46.5069 / Low: 46.1856).

December Spread (Volatile) ±1.6262
March Spread (Stable) ±0.3213

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4639 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 46.4827) against the same month in 2017 (average: 40.5118), the exchange rate shifted by +5.9709 (+14.74%).

2018 Avg (February) 46.4827
2017 Avg (February) 40.5118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.6615 45.8172 46.3565
February 46.7172 46.2738 46.4827
March 46.5069 46.1856 46.3594
April 46.5193 45.9849 46.2295
May 46.5018 45.4609 45.9981
June 45.8442 45.1305 45.5342
July 45.9041 45.1823 45.5835
August 45.9721 45.6304 45.7625
September 46.1319 45.5640 45.8965
October 46.1136 45.2988 45.6684
November 46.1396 45.1476 45.4437
December 45.8761 44.2500 45.0387