YEARLY HIGH
146.0735 NGN
YEARLY LOW
137.8336 NGN
YEARLY AVERAGE
140.7167 NGN

2018 WST to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the WST to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 146.0735. Conversely, the yearly low was recorded on October 28, dropping to 137.8336.

This high-to-low spread represents a total annual volatility of 8.2399 NGN. From a start-to-finish perspective, comparing the January average rate of 143.2092 to the December average rate of 139.5775, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 146.0735 was down 2.99% compared to the 2017 peak of 150.5822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 730,367 NGN
2017 Average 659,993 NGN
Yearly Trough Low 689,168 NGN
Transaction Impact: A difference of 41,199.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

144.9422
138.0866
JanuMarcMayJulySeptNove

WST 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 142.0769, compared to 139.3565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7204 points.

H1 Avg (Jan–Jun) 142.0769
H2 Avg (Jul–Dec) 139.3565

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.5732 NGN (High: 146.0735 / Low: 141.5003). On the other end, August was the most stable month, with a tight range of 1.0415 NGN (High: 140.1098 / Low: 139.0683).

January Spread (Volatile) ±4.5732
August Spread (Stable) ±1.0415

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 1.8718 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8718

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 143.2092) against the same month in 2017 (average: 122.0823), the exchange rate shifted by +21.1270 (+17.31%).

2018 Avg (January) 143.2092
2017 Avg (January) 122.0823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 146.0735 141.5003 143.2092
February 145.7011 142.8516 144.3709
March 144.5245 141.6786 142.4991
April 143.0745 140.8314 141.9007
May 141.1495 139.4386 140.2302
June 141.4642 139.0647 140.2513
July 139.7989 138.4657 139.2137
August 140.1098 139.0683 139.4710
September 140.5970 138.8662 139.8796
October 140.5412 137.8336 138.6579
November 140.2386 138.1859 139.3394
December 140.1492 138.8256 139.5775