2022 AZN to NGN Historical Review

YEARLY HIGH

264.0237 NGN

YEARLY LOW

241.7490 NGN

YEARLY AVERAGE

249.1843 NGN

2022 AZN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AZN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 264.0237. Conversely, the yearly low was recorded on January 9, dropping to 241.7490.

This high-to-low spread represents a total annual volatility of 22.2747 NGN. From a start-to-finish perspective, comparing the January average rate of 243.4048 to the December average rate of 261.9915, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 264.0237 was up 8.50% compared to the 2021 peak of 243.3325, 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 1,320,119 NGN

2021 Average 1,185,832 NGN

Yearly Trough Low 1,208,745 NGN

Transaction Impact: A difference of 111,373.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

263.8502

241.5461

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 244.3969, compared to 253.9717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5748 points.

H1 Avg (Jan–Jun) 244.3969

H2 Avg (Jul–Dec) 253.9717

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 9.4295 NGN (High: 257.2038 / Low: 247.7743). On the other end, May was the most stable month, with a tight range of 1.5956 NGN (High: 244.5810 / Low: 242.9855).

September Spread (Volatile) ±9.4295

May Spread (Stable) ±1.5956

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2865 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 261.9915) against the same month in 2021 (average: 241.8194), the exchange rate shifted by +20.1720 (+8.34%).

2022 Avg (December) 261.9915

2021 Avg (December) 241.8194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	244.6195	241.7490	243.4048
February	246.2757	243.6974	244.7847
March	246.1735	244.2898	244.7857
April	245.4713	243.8353	244.5144
May	244.5810	242.9855	244.2278
June	246.9122	244.0748	244.6641
July	250.0367	243.9529	246.3095
August	250.8353	244.4168	247.6002
September	257.2038	247.7743	251.9888
October	258.7831	254.3235	256.2328
November	261.1899	256.3459	259.7075
December	264.0237	260.8834	261.9915