2018 XCD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 XCD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the XCD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 135.3301. Conversely, the yearly low was recorded on January 14, dropping to 132.5787.
This high-to-low spread represents a total annual volatility of 2.7514 NGN. From a start-to-finish perspective, comparing the January average rate of 133.2593 to the December average rate of 134.6930, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 135.3301 was down 0.89% compared to the 2017 peak of 136.5465, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
XCD 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 133.2728, compared to 134.1035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8307 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 1.6578 NGN (High: 134.6654 / Low: 133.0076). On the other end, April was the most stable month, with a tight range of 0.3677 NGN (High: 133.2376 / Low: 132.8699).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1248 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 134.6930) against the same month in 2017 (average: 133.1237), the exchange rate shifted by +1.5693 (+1.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 134.0556 | 132.5787 | 133.2593 |
| February | 133.5830 | 133.2075 | 133.3875 |
| March | 133.5512 | 133.0669 | 133.2628 |
| April | 133.2376 | 132.8699 | 133.1506 |
| May | 133.5775 | 133.0225 | 133.2716 |
| June | 133.6145 | 133.0989 | 133.3049 |
| July | 133.9476 | 132.8478 | 133.4384 |
| August | 134.1988 | 133.2012 | 133.5869 |
| September | 134.6654 | 133.0076 | 133.9782 |
| October | 134.6876 | 134.0068 | 134.4382 |
| November | 134.8763 | 133.4686 | 134.4860 |
| December | 135.3301 | 134.3176 | 134.6930 |