2019 CDF to NGN Historical Review

YEARLY HIGH

0.2245 NGN

YEARLY LOW

0.1846 NGN

YEARLY AVERAGE

0.2179 NGN

2019 CDF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CDF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.2245. Conversely, the yearly low was recorded on June 8, dropping to 0.1846.

This high-to-low spread represents a total annual volatility of 0.0399 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2223 to the December average rate of 0.2161, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2245 was down 2.53% compared to the 2018 peak of 0.2303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,122 NGN

2018 Average 1,116 NGN

Yearly Trough Low 923 NGN

Transaction Impact: A difference of 199.34 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2235

0.2089

JanuMarcMayJulySeptNove

CDF 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 0.2187, compared to 0.2171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.2187

H2 Avg (Jul–Dec) 0.2171

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0378 NGN (High: 0.2227 / Low: 0.1849). On the other end, November was the most stable month, with a tight range of 0.0016 NGN (High: 0.2188 / Low: 0.2171).

August Spread (Volatile) ±0.0378

November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2223) against the same month in 2018 (average: 0.2249), the exchange rate shifted by -0.0026 (-1.17%).

2019 Avg (January) 0.2223

2018 Avg (January) 0.2249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2245	0.2201	0.2223
February	0.2219	0.2192	0.2207
March	0.2216	0.2190	0.2200
April	0.2209	0.2184	0.2197
May	0.2205	0.2176	0.2191
June	0.2188	0.1846	0.2102
July	0.2190	0.2158	0.2171
August	0.2227	0.1849	0.2166
September	0.2184	0.2154	0.2172
October	0.2187	0.2167	0.2176
November	0.2188	0.2171	0.2177
December	0.2176	0.2148	0.2161