YEARLY HIGH
0.0573 NGN
YEARLY LOW
0.0428 NGN
YEARLY AVERAGE
0.0473 NGN

2018 SLL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SLL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0573. Conversely, the yearly low was recorded on September 6, dropping to 0.0428.

This high-to-low spread represents a total annual volatility of 0.0144 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0470 to the December average rate of 0.0434, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0573 was down 0.67% compared to the 2017 peak of 0.0576, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286 NGN
2017 Average 223 NGN
Yearly Trough Low 214 NGN
Transaction Impact: A difference of 72.06 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0578
0.0418
JanuMarcMayJulySeptNove

SLL 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 0.0478, compared to 0.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0478
H2 Avg (Jul–Dec) 0.0467

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0125 NGN (High: 0.0555 / Low: 0.0430). On the other end, October was the most stable month, with a tight range of 0.0002 NGN (High: 0.0434 / Low: 0.0432).

August Spread (Volatile) ±0.0125
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0564) against the same month in 2017 (average: 0.0422), the exchange rate shifted by +0.0142 (+33.70%).

2018 Avg (July) 0.0564
2017 Avg (July) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0473 0.0468 0.0470
February 0.0471 0.0466 0.0470
March 0.0471 0.0465 0.0469
April 0.0470 0.0464 0.0468
May 0.0469 0.0460 0.0463
June 0.0572 0.0460 0.0531
July 0.0573 0.0551 0.0564
August 0.0555 0.0430 0.0505
September 0.0434 0.0428 0.0432
October 0.0434 0.0432 0.0433
November 0.0434 0.0430 0.0433
December 0.0436 0.0433 0.0434