2018 SGD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SGD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SGD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 23.8802. Conversely, the yearly low was recorded on January 1, dropping to 22.9876.
This high-to-low spread represents a total annual volatility of 0.8926 NIO. From a start-to-finish perspective, comparing the January average rate of 23.4265 to the December average rate of 23.6593, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 23.8802 was up 3.69% compared to the 2017 peak of 23.0310, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SGD to NIO 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 23.5449, compared to 23.3974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.7853 NIO (High: 23.7729 / Low: 22.9876). On the other end, August was the most stable month, with a tight range of 0.2556 NIO (High: 23.4203 / Low: 23.1648).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 0.2917 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 23.6906) against the same month in 2017 (average: 21.0384), the exchange rate shifted by +2.6523 (+12.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.7729 | 22.9876 | 23.4265 |
| February | 23.8259 | 23.3655 | 23.6024 |
| March | 23.8802 | 23.5299 | 23.6906 |
| April | 23.8432 | 23.5035 | 23.7092 |
| May | 23.5745 | 23.2174 | 23.4175 |
| June | 23.6982 | 23.1130 | 23.4233 |
| July | 23.4781 | 23.1126 | 23.2732 |
| August | 23.4203 | 23.1648 | 23.2886 |
| September | 23.6637 | 23.1816 | 23.3657 |
| October | 23.4408 | 23.1439 | 23.3152 |
| November | 23.6376 | 23.3395 | 23.4824 |
| December | 23.8691 | 23.5439 | 23.6593 |