2019 CNY to NGN Historical Review

YEARLY HIGH

54.1615 NGN

YEARLY LOW

42.8214 NGN

YEARLY AVERAGE

52.1432 NGN

2019 CNY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 54.1615. Conversely, the yearly low was recorded on August 27, dropping to 42.8214.

This high-to-low spread represents a total annual volatility of 11.3401 NGN. From a start-to-finish perspective, comparing the January average rate of 53.5081 to the December average rate of 51.7196, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 54.1615 was down 5.85% compared to the 2018 peak of 57.5242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,354,038 NGN

2018 Average 1,366,997 NGN

Yearly Trough Low 1,070,536 NGN

Transaction Impact: A difference of 283,501.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

53.9621

50.0833

JanuMarcMayJulySeptNove

CNY 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 52.8943, compared to 51.3922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5020 points.

H1 Avg (Jan–Jun) 52.8943

H2 Avg (Jul–Dec) 51.3922

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 9.3623 NGN (High: 52.1837 / Low: 42.8214). On the other end, November was the most stable month, with a tight range of 0.4822 NGN (High: 51.9214 / Low: 51.4392).

August Spread (Volatile) ±9.3623

November Spread (Stable) ±0.4822

Growth Streaks & Declines

Trends

Between September and December, 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 2.1636 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1636

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 53.5081) against the same month in 2018 (average: 56.0481), the exchange rate shifted by -2.5400 (-4.53%).

2019 Avg (January) 53.5081

2018 Avg (January) 56.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.1615	52.7847	53.5081
February	54.1189	53.1868	53.6252
March	53.9378	53.3718	53.6388
April	53.9103	53.2931	53.6167
May	53.7000	52.0660	52.5702
June	52.5735	44.2086	50.4066
July	52.8680	52.2220	52.3926
August	52.1837	42.8214	50.8582
September	51.2055	50.4407	50.8135
October	51.5015	50.5611	50.9821
November	51.9214	51.4392	51.5873
December	52.1781	51.2773	51.7196