YEARLY HIGH
41.9883 NGN
YEARLY LOW
40.9784 NGN
YEARLY AVERAGE
41.2941 NGN

2018 SVC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SVC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 41.9883. Conversely, the yearly low was recorded on January 20, dropping to 40.9784.

This high-to-low spread represents a total annual volatility of 1.0099 NGN. From a start-to-finish perspective, comparing the January average rate of 41.1678 to the December average rate of 41.6021, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 41.9883 was down 0.45% compared to the 2017 peak of 42.1771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 209,942 NGN
2017 Average 190,751 NGN
Yearly Trough Low 204,892 NGN
Transaction Impact: A difference of 5,049.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

41.6494
41.0823
JanuMarcMayJulySeptNove

SVC 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 41.1625, compared to 41.4257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2631 points.

H1 Avg (Jan–Jun) 41.1625
H2 Avg (Jul–Dec) 41.4257

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.7761 NGN (High: 41.9883 / Low: 41.2122). On the other end, March was the most stable month, with a tight range of 0.1186 NGN (High: 41.2412 / Low: 41.1226).

November Spread (Volatile) ±0.7761
March Spread (Stable) ±0.1186

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 March and April, when the average rate fell by 0.0357 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 41.5587) against the same month in 2017 (average: 41.0970), the exchange rate shifted by +0.4617 (+1.12%).

2018 Avg (November) 41.5587
2017 Avg (November) 41.0970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.4092 40.9784 41.1678
February 41.2654 41.1168 41.1896
March 41.2412 41.1226 41.1653
April 41.2040 41.0580 41.1296
May 41.2670 41.0767 41.1579
June 41.2599 41.0970 41.1651
July 41.3700 41.0015 41.2105
August 41.4079 41.1107 41.2763
September 41.5701 41.0792 41.3728
October 41.6734 41.4589 41.5338
November 41.9883 41.2122 41.5587
December 41.7851 41.4990 41.6021