2022 BRL to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BRL to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BRL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 90.4526. Conversely, the yearly low was recorded on January 5, dropping to 72.1280.
This high-to-low spread represents a total annual volatility of 18.3246 NGN. From a start-to-finish perspective, comparing the January average rate of 74.9480 to the December average rate of 84.8968, the exchange rate registered a net change of 13.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 90.4526 was up 8.29% compared to the 2021 peak of 83.5283, 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 2022.
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 82.1286, compared to 82.2354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1068 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 8.2867 NGN (High: 87.0815 / Low: 78.7948). On the other end, December was the most stable month, with a tight range of 3.0155 NGN (High: 86.4607 / Low: 83.4452).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 4.2261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 87.6612) against the same month in 2021 (average: 70.0480), the exchange rate shifted by +17.6133 (+25.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.3905 | 72.1280 | 74.9480 |
| February | 83.0226 | 78.1031 | 80.0320 |
| March | 87.9206 | 80.5113 | 83.7616 |
| April | 90.4526 | 83.2187 | 87.6612 |
| May | 87.7658 | 80.5400 | 83.9642 |
| June | 87.0815 | 78.7948 | 82.4047 |
| July | 81.3432 | 75.4338 | 78.1786 |
| August | 84.7621 | 78.6323 | 81.9423 |
| September | 84.4839 | 79.8840 | 81.9390 |
| October | 84.9239 | 79.8838 | 82.7952 |
| November | 87.1060 | 81.3955 | 83.6604 |
| December | 86.4607 | 83.4452 | 84.8968 |