2020 CHF to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CHF to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CHF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 443.9381. Conversely, the yearly low was recorded on February 15, dropping to 370.0849.
This high-to-low spread represents a total annual volatility of 73.8531 NGN. From a start-to-finish perspective, comparing the January average rate of 373.5410 to the December average rate of 432.1498, the exchange rate registered a net change of 15.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 443.9381 was up 18.20% compared to the 2019 peak of 375.5756, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CHF 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 389.8543, compared to 421.3106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.4563 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 36.4018 NGN (High: 407.0922 / Low: 370.6904). On the other end, January was the most stable month, with a tight range of 6.7008 NGN (High: 378.2993 / Low: 371.5986).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 4.0928 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 432.1498) against the same month in 2019 (average: 368.9078), the exchange rate shifted by +63.2420 (+17.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 378.2993 | 371.5986 | 373.5410 |
| February | 378.9018 | 370.0849 | 373.1104 |
| March | 407.0922 | 370.6904 | 387.3820 |
| April | 403.5425 | 375.5052 | 396.5752 |
| May | 405.0957 | 397.6713 | 401.6473 |
| June | 410.9355 | 402.6146 | 406.8698 |
| July | 426.9515 | 409.4563 | 414.9593 |
| August | 428.7437 | 414.6809 | 423.2572 |
| September | 425.5658 | 409.5837 | 419.1644 |
| October | 422.0191 | 414.4970 | 418.5614 |
| November | 425.6441 | 414.8159 | 419.7713 |
| December | 443.9381 | 423.3470 | 432.1498 |