YEARLY HIGH
45.9053 NGN
YEARLY LOW
39.1714 NGN
YEARLY AVERAGE
41.6254 NGN

2018 SEK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SEK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 45.9053. Conversely, the yearly low was recorded on August 15, dropping to 39.1714.

This high-to-low spread represents a total annual volatility of 6.7339 NGN. From a start-to-finish perspective, comparing the January average rate of 44.7688 to the December average rate of 40.2762, the exchange rate registered a net change of -10.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.9053 was up 0.70% compared to the 2017 peak of 45.5844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229,526 NGN
2017 Average 196,120 NGN
Yearly Trough Low 195,857 NGN
Transaction Impact: A difference of 33,669.35 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

45.3022
39.3019
JanuMarcMayJulySeptNove

SEK 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 42.9761, compared to 40.2748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7013 points.

H1 Avg (Jan–Jun) 42.9761
H2 Avg (Jul–Dec) 40.2748

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 2.3776 NGN (High: 45.9053 / Low: 43.5277). On the other end, November was the most stable month, with a tight range of 0.7622 NGN (High: 40.4724 / Low: 39.7102).

February Spread (Volatile) ±2.3776
November Spread (Stable) ±0.7622

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 1.3756 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 44.8022) against the same month in 2017 (average: 35.3760), the exchange rate shifted by +9.4262 (+26.65%).

2018 Avg (February) 44.8022
2017 Avg (February) 35.3760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.7490 43.6920 44.7688
February 45.9053 43.5277 44.8022
March 44.0636 43.0545 43.7022
April 43.3645 41.1277 42.5244
May 41.9230 40.1133 41.1488
June 41.8635 39.8450 40.9101
July 41.3409 40.1764 40.8668
August 41.0090 39.1714 39.8019
September 41.3751 39.4415 40.4209
October 40.8239 39.6180 40.1667
November 40.4724 39.7102 40.1162
December 40.7999 39.9929 40.2762