2019 BRL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BRL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BRL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 99.5884. Conversely, the yearly low was recorded on August 26, dropping to 73.7563.
This high-to-low spread represents a total annual volatility of 25.8321 NGN. From a start-to-finish perspective, comparing the January average rate of 97.1938 to the December average rate of 88.2694, the exchange rate registered a net change of -9.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 99.5884 was down 13.07% compared to the 2018 peak of 114.5675, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BRL 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 93.4191, compared to 89.4294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9897 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 20.0230 NGN (High: 93.7793 / Low: 73.7563). On the other end, February was the most stable month, with a tight range of 2.5970 NGN (High: 98.6665 / Low: 96.0695).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.0567 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 97.1938) against the same month in 2018 (average: 112.2760), the exchange rate shifted by -15.0822 (-13.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.5884 | 93.5435 | 97.1938 |
| February | 98.6665 | 96.0695 | 97.1879 |
| March | 95.8250 | 90.3598 | 93.6736 |
| April | 94.1331 | 90.2336 | 92.3537 |
| May | 91.8986 | 87.9084 | 90.1049 |
| June | 94.3631 | 78.8497 | 90.0010 |
| July | 96.9772 | 93.8214 | 95.3991 |
| August | 93.7793 | 73.7563 | 89.3424 |
| September | 89.3670 | 86.6313 | 87.7561 |
| October | 90.7791 | 86.6613 | 88.6450 |
| November | 90.7359 | 85.0696 | 87.1644 |
| December | 90.3817 | 85.4813 | 88.2694 |