YEARLY HIGH
279.3893 NGN
YEARLY LOW
228.3124 NGN
YEARLY AVERAGE
271.3932 NGN

2019 CAD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CAD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 279.3893. Conversely, the yearly low was recorded on June 5, dropping to 228.3124.

This high-to-low spread represents a total annual volatility of 51.0769 NGN. From a start-to-finish perspective, comparing the January average rate of 273.2165 to the December average rate of 275.3549, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 279.3893 was down 4.86% compared to the 2018 peak of 293.6754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 1,396,946 NGN
2018 Average 1,394,002 NGN
Yearly Trough Low 1,141,562 NGN
Transaction Impact: A difference of 255,384.63 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

276.7304
260.2242
JanuMarcMayJulySeptNove

CAD 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 269.1377, compared to 273.6487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5111 points.

H1 Avg (Jan–Jun) 269.1377
H2 Avg (Jul–Dec) 273.6487

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 46.9195 NGN (High: 275.2319 / Low: 228.3124). On the other end, May was the most stable month, with a tight range of 2.6051 NGN (High: 268.6303 / Low: 266.0253).

June Spread (Volatile) ±46.9195
May Spread (Stable) ±2.6051

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.0799 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.0799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 275.3549) against the same month in 2018 (average: 270.6658), the exchange rate shifted by +4.6891 (+1.73%).

2019 Avg (December) 275.3549
2018 Avg (December) 270.6658

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 276.5175 266.4551 273.2165
February 276.3193 271.1910 273.8301
March 272.2741 267.3886 269.4272
April 271.0257 266.3988 269.0729
May 268.6303 266.0253 267.6796
June 275.2319 228.3124 261.5997
July 277.2254 272.8135 275.1622
August 275.2672 230.8514 270.4186
September 275.6494 271.6967 272.9998
October 277.3190 271.1684 274.3235
November 275.4198 272.4684 273.6334
December 279.3893 272.2995 275.3549