2018 THB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 THB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the THB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 11.5649. Conversely, the yearly low was recorded on July 23, dropping to 10.7554.
This high-to-low spread represents a total annual volatility of 0.8095 NGN. From a start-to-finish perspective, comparing the January average rate of 11.2970 to the December average rate of 11.1295, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 11.5649 was up 4.14% compared to the 2017 peak of 11.1053, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
THB to NGN 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 11.3552, compared to 11.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3341 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.4851 NGN (High: 11.4928 / Low: 11.0077). On the other end, March was the most stable month, with a tight range of 0.1129 NGN (High: 11.5649 / Low: 11.4520).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.2531 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 11.5181) against the same month in 2017 (average: 8.9977), the exchange rate shifted by +2.5204 (+28.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.4928 | 11.0077 | 11.2970 |
| February | 11.5350 | 11.2888 | 11.4514 |
| March | 11.5649 | 11.4520 | 11.5181 |
| April | 11.5646 | 11.3798 | 11.4967 |
| May | 11.3825 | 11.1835 | 11.2721 |
| June | 11.3017 | 10.8573 | 11.0961 |
| July | 10.8908 | 10.7554 | 10.8430 |
| August | 11.1117 | 10.7967 | 10.9311 |
| September | 11.2503 | 10.9595 | 11.1106 |
| October | 11.2735 | 10.9192 | 11.0843 |
| November | 11.0975 | 10.9437 | 11.0281 |
| December | 11.3049 | 11.0579 | 11.1295 |