YEARLY HIGH
275.5397 NGN
YEARLY LOW
260.9322 NGN
YEARLY AVERAGE
267.8831 NGN

2018 SGD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 275.5397. Conversely, the yearly low was recorded on September 8, dropping to 260.9322.

This high-to-low spread represents a total annual volatility of 14.6074 NGN. From a start-to-finish perspective, comparing the January average rate of 272.4946 to the December average rate of 265.5043, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 275.5397 was up 1.58% compared to the 2017 peak of 271.2491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,377,698 NGN
2017 Average 1,210,369 NGN
Yearly Trough Low 1,304,661 NGN
Transaction Impact: A difference of 73,037.03 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

274.8861
262.2826
JanuMarcMayJulySeptNove

SGD 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 271.5050, compared to 264.2613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.2437 points.

H1 Avg (Jan–Jun) 271.5050
H2 Avg (Jul–Dec) 264.2613

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 7.4885 NGN (High: 275.5397 / Low: 268.0512). On the other end, March was the most stable month, with a tight range of 2.6499 NGN (High: 275.2333 / Low: 272.5834).

January Spread (Volatile) ±7.4885
March Spread (Stable) ±2.6499

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 4.4979 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.4979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 272.4946) against the same month in 2017 (average: 219.0262), the exchange rate shifted by +53.4684 (+24.41%).

2018 Avg (January) 272.4946
2017 Avg (January) 219.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 275.5397 268.0512 272.4946
February 275.3028 270.3819 273.1148
March 275.2333 272.5834 273.8358
April 274.9313 270.8498 273.4370
May 270.4369 267.0580 268.9391
June 270.4533 263.0196 267.2085
July 266.2404 263.0789 264.6324
August 265.4602 261.4645 263.7265
September 266.3998 260.9322 264.0464
October 265.1780 262.2215 263.3329
November 265.7223 262.4201 264.3252
December 267.4656 263.6164 265.5043