YEARLY HIGH
1.1380 NGN
YEARLY LOW
0.8017 NGN
YEARLY AVERAGE
0.9792 NGN

2022 AMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.1380. Conversely, the yearly low was recorded on March 10, dropping to 0.8017.

This high-to-low spread represents a total annual volatility of 0.3364 NGN. From a start-to-finish perspective, comparing the January average rate of 0.8586 to the December average rate of 1.1286, the exchange rate registered a net change of 31.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1380 was up 31.22% compared to the 2021 peak of 0.8673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,690 NGN
2021 Average 4,000 NGN
Yearly Trough Low 4,008 NGN
Transaction Impact: A difference of 1,681.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1578
0.8067
JanuMarcMayJulySeptNove

AMD 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 0.8860, compared to 1.0724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1864 points.

H1 Avg (Jan–Jun) 0.8860
H2 Avg (Jul–Dec) 1.0724

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0917 NGN (High: 1.0198 / Low: 0.9281). On the other end, February was the most stable month, with a tight range of 0.0130 NGN (High: 0.8708 / Low: 0.8578).

June Spread (Volatile) ±0.0917
February Spread (Stable) ±0.0130

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 0.0295 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.1286) against the same month in 2021 (average: 0.8356), the exchange rate shifted by +0.2930 (+35.06%).

2022 Avg (December) 1.1286
2021 Avg (December) 0.8356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8654 0.8523 0.8586
February 0.8708 0.8578 0.8654
March 0.8539 0.8017 0.8359
April 0.9023 0.8597 0.8773
May 0.9263 0.8759 0.9064
June 1.0198 0.9281 0.9723
July 1.0402 1.0040 1.0233
August 1.0575 1.0202 1.0396
September 1.0716 1.0320 1.0490
October 1.0943 1.0560 1.0792
November 1.1253 1.0837 1.1145
December 1.1380 1.1203 1.1286