YEARLY HIGH
1.3531 AMD
YEARLY LOW
1.3200 AMD
YEARLY AVERAGE
1.3367 AMD

2018 NGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 1.3531. Conversely, the yearly low was recorded on November 17, dropping to 1.3200.

This high-to-low spread represents a total annual volatility of 0.0331 AMD. From a start-to-finish perspective, comparing the January average rate of 1.3404 to the December average rate of 1.3315, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3531 was down 15.42% compared to the 2017 peak of 1.5997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 1,353,090 AMD
2017 Average 1,452,186 AMD
Yearly Trough Low 1,320,010 AMD
Transaction Impact: A difference of 33,079.89 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3456
1.3302
JanuMarcMayJulySeptNove

NGN to AMD 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 1.3386, compared to 1.3348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 1.3386
H2 Avg (Jul–Dec) 1.3348

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0257 AMD (High: 1.3457 / Low: 1.3200). On the other end, March was the most stable month, with a tight range of 0.0056 AMD (High: 1.3356 / Low: 1.3300).

November Spread (Volatile) ±0.0257
March Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 1.3443) against the same month in 2017 (average: 1.5247), the exchange rate shifted by -0.1804 (-11.83%).

2018 Avg (May) 1.3443
2017 Avg (May) 1.5247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3489 1.3333 1.3404
February 1.3421 1.3309 1.3353
March 1.3356 1.3300 1.3341
April 1.3491 1.3307 1.3369
May 1.3531 1.3370 1.3443
June 1.3454 1.3364 1.3404
July 1.3439 1.3282 1.3342
August 1.3429 1.3313 1.3351
September 1.3491 1.3238 1.3361
October 1.3409 1.3283 1.3346
November 1.3457 1.3200 1.3370
December 1.3366 1.3265 1.3315