YEARLY HIGH
27.1632 NGN
YEARLY LOW
25.2917 NGN
YEARLY AVERAGE
26.5348 NGN

2018 SCR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 27.1632. Conversely, the yearly low was recorded on September 27, dropping to 25.2917.

This high-to-low spread represents a total annual volatility of 1.8715 NGN. From a start-to-finish perspective, comparing the January average rate of 25.8882 to the December average rate of 26.6204, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 27.1632 was down 1.89% compared to the 2017 peak of 27.6878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135,816 NGN
2017 Average 122,807 NGN
Yearly Trough Low 126,459 NGN
Transaction Impact: A difference of 9,357.35 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

26.7888
25.8064
JanuMarcMayJulySeptNove

SCR 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 26.4733, compared to 26.5962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1229 points.

H1 Avg (Jan–Jun) 26.4733
H2 Avg (Jul–Dec) 26.5962

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.4591 NGN (High: 26.7508 / Low: 25.2917). On the other end, July was the most stable month, with a tight range of 0.1891 NGN (High: 26.7219 / Low: 26.5327).

September Spread (Volatile) ±1.4591
July Spread (Stable) ±0.1891

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0810 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0810

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 26.4814) against the same month in 2017 (average: 23.4415), the exchange rate shifted by +3.0399 (+12.97%).

2018 Avg (February) 26.4814
2017 Avg (February) 23.4415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.3098 25.4208 25.8882
February 27.1632 25.7134 26.4814
March 26.8252 25.5456 26.4004
April 26.7748 26.1715 26.7069
May 26.8352 25.6695 26.6974
June 26.8575 26.5479 26.6656
July 26.7219 26.5327 26.6218
August 26.6863 26.4882 26.5639
September 26.7508 25.2917 26.5256
October 26.7387 26.1597 26.6214
November 26.7315 26.3848 26.6243
December 26.8103 26.1113 26.6204