2018 SDG to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SDG to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SDG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 51.6636. Conversely, the yearly low was recorded on November 22, dropping to 7.5727.
This high-to-low spread represents a total annual volatility of 44.0910 NGN. From a start-to-finish perspective, comparing the January average rate of 51.3589 to the December average rate of 7.6479, the exchange rate registered a net change of -85.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 51.6636 was down 6.48% compared to the 2017 peak of 55.2431, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SDG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SDG to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.6926, compared to 14.7588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9338 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 31.3701 NGN (High: 51.2255 / Low: 19.8554). On the other end, December was the most stable month, with a tight range of 0.0526 NGN (High: 7.6737 / Low: 7.6210).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 28.2767 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 51.3589) against the same month in 2017 (average: 48.6565), the exchange rate shifted by +2.7024 (+5.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.6636 | 51.2083 | 51.3589 |
| February | 51.2255 | 19.8554 | 23.0822 |
| March | 20.0167 | 19.7914 | 19.9155 |
| April | 20.0139 | 19.8061 | 19.8786 |
| May | 20.0500 | 19.8216 | 19.9393 |
| June | 20.0586 | 19.9161 | 19.9813 |
| July | 20.1117 | 19.9447 | 20.0262 |
| August | 20.1109 | 19.9294 | 20.0334 |
| September | 20.2023 | 19.8996 | 20.0883 |
| October | 20.2125 | 7.6181 | 13.1291 |
| November | 7.7171 | 7.5727 | 7.6281 |
| December | 7.6737 | 7.6210 | 7.6479 |