YEARLY HIGH
49.0395 NGN
YEARLY LOW
48.0424 NGN
YEARLY AVERAGE
48.4163 NGN

2018 SRD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 49.0395. Conversely, the yearly low was recorded on January 14, dropping to 48.0424.

This high-to-low spread represents a total annual volatility of 0.9970 NGN. From a start-to-finish perspective, comparing the January average rate of 48.2703 to the December average rate of 48.8086, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 49.0395 was down 1.16% compared to the 2017 peak of 49.6133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 245,197 NGN
2017 Average 222,938 NGN
Yearly Trough Low 240,212 NGN
Transaction Impact: A difference of 4,985.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

48.8710
48.1227
JanuMarcMayJulySeptNove

SRD 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 48.2369, compared to 48.5957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3588 points.

H1 Avg (Jan–Jun) 48.2369
H2 Avg (Jul–Dec) 48.5957

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.6490 NGN (High: 48.7889 / Low: 48.1400). On the other end, April was the most stable month, with a tight range of 0.1331 NGN (High: 48.2166 / Low: 48.0835).

July Spread (Volatile) ±0.6490
April Spread (Stable) ±0.1331

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0451 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 48.8086) against the same month in 2017 (average: 48.2608), the exchange rate shifted by +0.5478 (+1.14%).

2018 Avg (December) 48.8086
2017 Avg (December) 48.2608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.5776 48.0424 48.2703
February 48.3416 48.2057 48.2708
March 48.3301 48.1548 48.2257
April 48.2166 48.0835 48.1851
May 48.3396 48.1387 48.2289
June 48.3529 48.1664 48.2409
July 48.7889 48.1400 48.3579
August 48.6295 48.2680 48.4078
September 48.7986 48.1979 48.5496
October 48.8067 48.5599 48.7163
November 48.8750 48.3649 48.7341
December 49.0395 48.6726 48.8086