YEARLY HIGH
41.1046 NGN
YEARLY LOW
38.1411 NGN
YEARLY AVERAGE
39.5249 NGN

2018 TJS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TJS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 41.1046. Conversely, the yearly low was recorded on September 6, dropping to 38.1411.

This high-to-low spread represents a total annual volatility of 2.9634 NGN. From a start-to-finish perspective, comparing the January average rate of 40.8358 to the December average rate of 38.6320, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 41.1046 was down 2.24% compared to the 2017 peak of 42.0464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 205,523 NGN
2017 Average 194,178 NGN
Yearly Trough Low 190,706 NGN
Transaction Impact: A difference of 14,817.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

41.1083
38.0941
JanuMarcMayJulySeptNove

TJS 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 40.4926, compared to 38.5572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9354 points.

H1 Avg (Jan–Jun) 40.4926
H2 Avg (Jul–Dec) 38.5572

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 1.1528 NGN (High: 39.2970 / Low: 38.1442). On the other end, March was the most stable month, with a tight range of 0.1553 NGN (High: 40.9329 / Low: 40.7776).

July Spread (Volatile) ±1.1528
March Spread (Stable) ±0.1553

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8806 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 40.8358) against the same month in 2017 (average: 39.6278), the exchange rate shifted by +1.2079 (+3.05%).

2018 Avg (January) 40.8358
2017 Avg (January) 39.6278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.1046 40.6421 40.8358
February 40.9433 40.7847 40.8571
March 40.9329 40.7776 40.8305
April 40.8533 40.4337 40.6386
May 40.4523 40.0037 40.1309
June 40.0985 39.2618 39.6629
July 39.2970 38.1442 38.7823
August 38.4647 38.1942 38.3453
September 38.6340 38.1411 38.4206
October 38.7039 38.5011 38.5711
November 38.9922 38.2602 38.5920
December 38.8137 38.5484 38.6320