2022 AUD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AUD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AUD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 315.4323. Conversely, the yearly low was recorded on October 15, dropping to 269.7529.
This high-to-low spread represents a total annual volatility of 45.6794 NGN. From a start-to-finish perspective, comparing the January average rate of 296.7736 to the December average rate of 300.6985, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 315.4323 was down 2.81% compared to the 2021 peak of 324.5392, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
AUD 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 298.8452, compared to 289.4029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.4423 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 26.0354 NGN (High: 301.8373 / Low: 275.8019). On the other end, February was the most stable month, with a tight range of 7.7493 NGN (High: 301.9528 / Low: 294.2035).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 13.1214 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 305.9662) against the same month in 2021 (average: 300.7010), the exchange rate shifted by +5.2652 (+1.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 301.4311 | 290.2494 | 296.7736 |
| February | 301.9528 | 294.2035 | 298.0171 |
| March | 313.4343 | 298.9743 | 307.2969 |
| April | 315.4323 | 293.4598 | 305.9662 |
| May | 301.2659 | 285.3922 | 292.8448 |
| June | 301.5766 | 285.3990 | 292.1729 |
| July | 295.0750 | 279.6281 | 287.4181 |
| August | 298.7634 | 287.1208 | 292.5124 |
| September | 292.6304 | 276.6736 | 286.4902 |
| October | 283.0355 | 269.7529 | 277.0811 |
| November | 301.8373 | 275.8019 | 292.2171 |
| December | 305.4519 | 297.4121 | 300.6985 |