2022 CNY to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CNY to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CNY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 66.2296. Conversely, the yearly low was recorded on October 25, dropping to 59.7546.
This high-to-low spread represents a total annual volatility of 6.4750 NGN. From a start-to-finish perspective, comparing the January average rate of 65.1036 to the December average rate of 63.8668, the exchange rate registered a net change of -1.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 66.2296 was up 2.02% compared to the 2021 peak of 64.9153, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 64.1769, compared to 61.8806 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2962 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 2.9100 NGN (High: 65.5741 / Low: 62.6642). On the other end, February was the most stable month, with a tight range of 0.6031 NGN (High: 65.9287 / Low: 65.3255).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 2.6821 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 65.5803) against the same month in 2021 (average: 59.5837), the exchange rate shifted by +5.9966 (+10.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 65.6863 | 64.4384 | 65.1036 |
| February | 65.9287 | 65.3255 | 65.6115 |
| March | 66.2296 | 65.2287 | 65.5803 |
| April | 65.5741 | 62.6642 | 64.6642 |
| May | 62.8674 | 61.1666 | 61.9821 |
| June | 62.7196 | 61.4620 | 62.1196 |
| July | 62.9033 | 61.4282 | 62.1890 |
| August | 62.5515 | 60.9319 | 61.8976 |
| September | 61.8320 | 59.9000 | 61.1258 |
| October | 61.1632 | 59.7546 | 60.5861 |
| November | 62.7068 | 60.0670 | 61.6186 |
| December | 64.9589 | 63.0019 | 63.8668 |