YEARLY HIGH
1.4609 NGN
YEARLY LOW
1.3574 NGN
YEARLY AVERAGE
1.4429 NGN

2018 YER to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the YER to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 1.4609. Conversely, the yearly low was recorded on March 5, dropping to 1.3574.

This high-to-low spread represents a total annual volatility of 0.1035 NGN. From a start-to-finish perspective, comparing the January average rate of 1.4389 to the December average rate of 1.4541, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4609 was down 0.91% compared to the 2017 peak of 1.4743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,305 NGN
2017 Average 6,668 NGN
Yearly Trough Low 6,787 NGN
Transaction Impact: A difference of 517.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4562
1.4315
JanuMarcMayJulySeptNove

YER 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 1.4381, compared to 1.4477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 1.4381
H2 Avg (Jul–Dec) 1.4477

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0830 NGN (High: 1.4404 / Low: 1.3574). On the other end, April was the most stable month, with a tight range of 0.0045 NGN (High: 1.4389 / Low: 1.4344).

March Spread (Volatile) ±0.0830
April Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0066 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.4541) against the same month in 2017 (average: 1.4374), the exchange rate shifted by +0.0167 (+1.16%).

2018 Avg (December) 1.4541
2017 Avg (December) 1.4374

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4473 1.4314 1.4389
February 1.4426 1.4380 1.4401
March 1.4404 1.3574 1.4336
April 1.4389 1.4344 1.4377
May 1.4419 1.4363 1.4390
June 1.4427 1.4371 1.4393
July 1.4476 1.4344 1.4405
August 1.4487 1.4382 1.4422
September 1.4540 1.4358 1.4464
October 1.4543 1.4466 1.4514
November 1.4563 1.4408 1.4518
December 1.4609 1.4503 1.4541