YEARLY HIGH
99.4716 NGN
YEARLY LOW
83.4182 NGN
YEARLY AVERAGE
98.0220 NGN

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.

Transfer Payout Power Comparison

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

Yearly Peak High 497,358 NGN
2018 Average 491,827 NGN
Yearly Trough Low 417,091 NGN
Transaction Impact: A difference of 80,267.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

99.3625
94.2250
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 97.6909
H2 Avg (Jul–Dec) 98.3531

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±15.6184
November Spread (Stable) ±0.3885

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.4126

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 98.9344
2018 Avg (January) 98.0502

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