YEARLY HIGH
214.6122 NGN
YEARLY LOW
179.9765 NGN
YEARLY AVERAGE
211.4794 NGN

2019 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 214.6122. Conversely, the yearly low was recorded on June 10, dropping to 179.9765.

This high-to-low spread represents a total annual volatility of 34.6357 NGN. From a start-to-finish perspective, comparing the January average rate of 213.4496 to the December average rate of 212.9852, 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 214.6122 was down 0.10% compared to the 2018 peak of 214.8231, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,073,061 NGN
2018 Average 1,062,677 NGN
Yearly Trough Low 899,883 NGN
Transaction Impact: A difference of 173,178.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

214.3734
203.2883
JanuMarcMayJulySeptNove

AZN 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 210.7658, compared to 212.1929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4270 points.

H1 Avg (Jan–Jun) 210.7658
H2 Avg (Jul–Dec) 212.1929

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 33.7045 NGN (High: 213.7045 / Low: 180.0000). On the other end, November was the most stable month, with a tight range of 0.8517 NGN (High: 213.1865 / Low: 212.3348).

August Spread (Volatile) ±33.7045
November Spread (Stable) ±0.8517

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 7.3626 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.3626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 213.4496) against the same month in 2018 (average: 212.7915), the exchange rate shifted by +0.6581 (+0.31%).

2019 Avg (January) 213.4496
2018 Avg (January) 212.7915

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 214.6122 212.4816 213.4496
February 213.1595 211.9677 212.3216
March 212.4699 210.8664 211.5276
April 212.2911 210.6558 211.5095
May 212.4313 211.0897 211.5747
June 212.2538 179.9765 204.2121
July 212.7700 211.1601 211.7193
August 213.7045 180.0000 210.8569
September 213.2159 210.8200 212.3566
October 213.3420 212.0411 212.4874
November 213.1865 212.3348 212.7519
December 213.4680 212.3348 212.9852