2019 AED to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 AED to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the AED to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 99.4716. Conversely, the yearly low was recorded on June 10, dropping to 83.4182.
This high-to-low spread represents a total annual volatility of 16.0535 NGN. From a start-to-finish perspective, comparing the January average rate of 98.9344 to the December average rate of 98.7195, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 99.4716 was down 0.10% compared to the 2018 peak of 99.5695, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
AED 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 97.6909, compared to 98.3531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6622 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 15.6184 NGN (High: 99.0509 / Low: 83.4325). On the other end, November was the most stable month, with a tight range of 0.3885 NGN (High: 98.8161 / Low: 98.4276).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 3.4126 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 98.9344) against the same month in 2018 (average: 98.0502), the exchange rate shifted by +0.8842 (+0.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.4716 | 98.4843 | 98.9344 |
| February | 98.8028 | 98.2459 | 98.4120 |
| March | 98.4836 | 97.7355 | 98.0442 |
| April | 98.3980 | 97.6423 | 98.0357 |
| May | 98.4608 | 97.8434 | 98.0657 |
| June | 98.3787 | 83.4182 | 94.6531 |
| July | 98.6178 | 97.8760 | 98.1327 |
| August | 99.0509 | 83.4325 | 97.7333 |
| September | 98.8295 | 97.7183 | 98.4289 |
| October | 98.8829 | 98.2844 | 98.4901 |
| November | 98.8161 | 98.4276 | 98.6140 |
| December | 98.9408 | 98.4156 | 98.7195 |