2020 CNY to NGN Historical Review

YEARLY HIGH

60.3698 NGN

YEARLY LOW

51.1804 NGN

YEARLY AVERAGE

55.1320 NGN

2020 CNY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 60.3698. Conversely, the yearly low was recorded on March 25, dropping to 51.1804.

This high-to-low spread represents a total annual volatility of 9.1894 NGN. From a start-to-finish perspective, comparing the January average rate of 52.3181 to the December average rate of 58.6946, the exchange rate registered a net change of 12.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 60.3698 was up 11.46% compared to the 2019 peak of 54.1615, 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 1,509,246 NGN

2019 Average 1,303,424 NGN

Yearly Trough Low 1,279,510 NGN

Transaction Impact: A difference of 229,735.61 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

59.3605

51.3697

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 53.5052, compared to 56.7588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2536 points.

H1 Avg (Jan–Jun) 53.5052

H2 Avg (Jul–Dec) 56.7588

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.0930 NGN (High: 55.2734 / Low: 51.1804). On the other end, February was the most stable month, with a tight range of 0.6068 NGN (High: 52.3055 / Low: 51.6987).

March Spread (Volatile) ±4.0930

February Spread (Stable) ±0.6068

Growth Streaks & Declines

Trends

Between June and December, 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 January and February, when the average rate fell by 0.2824 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 58.6946) against the same month in 2019 (average: 51.7196), the exchange rate shifted by +6.9749 (+13.49%).

2020 Avg (December) 58.6946

2019 Avg (December) 51.7196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.8214	51.8986	52.3181
February	52.3055	51.6987	52.0356
March	55.2734	51.1804	52.7604
April	55.2228	51.7463	54.4312
May	55.2212	54.2137	54.7808
June	54.9178	54.3022	54.7050
July	55.6515	54.8538	55.2929
August	56.4366	54.3213	55.5832
September	56.9284	55.7474	56.3067
October	57.3192	56.1734	56.8211
November	58.4744	56.8542	57.8541
December	60.3698	57.9445	58.6946