YEARLY HIGH
99.5884 NGN
YEARLY LOW
73.7563 NGN
YEARLY AVERAGE
91.4243 NGN

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.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 2,489,710 NGN
2018 Average 2,487,877 NGN
Yearly Trough Low 1,843,907 NGN
Transaction Impact: A difference of 645,802.48 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

98.1968
86.1615
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 93.4191
H2 Avg (Jul–Dec) 89.4294

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±20.0230
February Spread (Stable) ±2.5970

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.0567

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 97.1938
2018 Avg (January) 112.2760

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