YEARLY HIGH
231.9690 NGN
YEARLY LOW
212.2184 NGN
YEARLY AVERAGE
223.3422 NGN

2020 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 231.9690. Conversely, the yearly low was recorded on January 16, dropping to 212.2184.

This high-to-low spread represents a total annual volatility of 19.7506 NGN. From a start-to-finish perspective, comparing the January average rate of 212.7840 to the December average rate of 225.4751, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 231.9690 was up 8.09% compared to the 2019 peak of 214.6122, 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 1,159,845 NGN
2019 Average 1,057,432 NGN
Yearly Trough Low 1,061,092 NGN
Transaction Impact: A difference of 98,753.01 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

230.1421
211.2060
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 221.0957, compared to 225.5887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4931 points.

H1 Avg (Jan–Jun) 221.0957
H2 Avg (Jul–Dec) 225.5887

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 16.0620 NGN (High: 229.9374 / Low: 213.8754). On the other end, June was the most stable month, with a tight range of 1.1089 NGN (High: 227.9001 / Low: 226.7913).

March Spread (Volatile) ±16.0620
June Spread (Stable) ±1.1089

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 1.4250 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.4250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 225.4751) against the same month in 2019 (average: 212.9852), the exchange rate shifted by +12.4899 (+5.86%).

2020 Avg (December) 225.4751
2019 Avg (December) 212.9852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 215.0462 212.2184 212.7840
February 214.9015 212.6285 213.8216
March 229.9374 213.8754 217.7694
April 229.0749 215.5653 226.0741
May 229.4099 226.9705 228.5641
June 227.9001 226.7913 227.5607
July 228.5111 227.1445 227.6809
August 228.0059 222.3201 226.2559
September 227.6021 223.4949 225.3584
October 226.6743 223.4949 224.3973
November 225.6881 223.2012 224.3646
December 231.9690 222.9075 225.4751