YEARLY HIGH
0.6867 NGN
YEARLY LOW
0.6218 NGN
YEARLY AVERAGE
0.6507 NGN

2018 XAF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the XAF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.6867. Conversely, the yearly low was recorded on November 12, dropping to 0.6218.

This high-to-low spread represents a total annual volatility of 0.0649 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6699 to the December average rate of 0.6314, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6867 was up 3.52% compared to the 2017 peak of 0.6633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,433 NGN
2017 Average 2,881 NGN
Yearly Trough Low 3,109 NGN
Transaction Impact: A difference of 324.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6834
0.6249
JanuMarcMayJulySeptNove

XAF 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 0.6649, compared to 0.6365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.6649
H2 Avg (Jul–Dec) 0.6365

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0278 NGN (High: 0.6823 / Low: 0.6545). On the other end, July was the most stable month, with a tight range of 0.0076 NGN (High: 0.6468 / Low: 0.6392).

January Spread (Volatile) ±0.0278
July Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0243 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6785) against the same month in 2017 (average: 0.5111), the exchange rate shifted by +0.1674 (+32.76%).

2018 Avg (February) 0.6785
2017 Avg (February) 0.5111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6823 0.6545 0.6699
February 0.6867 0.6710 0.6785
March 0.6832 0.6722 0.6772
April 0.6796 0.6626 0.6734
May 0.6592 0.6330 0.6491
June 0.6485 0.6341 0.6414
July 0.6468 0.6392 0.6429
August 0.6458 0.6236 0.6352
September 0.6521 0.6341 0.6431
October 0.6428 0.6272 0.6364
November 0.6345 0.6218 0.6298
December 0.6386 0.6256 0.6314