2020 CRC to NGN Historical Review

YEARLY HIGH

0.6885 NGN

YEARLY LOW

0.6193 NGN

YEARLY AVERAGE

0.6510 NGN

2020 CRC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CRC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.6885. Conversely, the yearly low was recorded on November 14, dropping to 0.6193.

This high-to-low spread represents a total annual volatility of 0.0692 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6374 to the December average rate of 0.6341, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6885 was up 5.85% compared to the 2019 peak of 0.6505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,443 NGN

2019 Average 3,069 NGN

Yearly Trough Low 3,097 NGN

Transaction Impact: A difference of 345.97 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6899

0.6218

JanuMarcMayJulySeptNove

CRC 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 0.6598, compared to 0.6421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.6598

H2 Avg (Jul–Dec) 0.6421

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0516 NGN (High: 0.6883 / Low: 0.6367). On the other end, July was the most stable month, with a tight range of 0.0048 NGN (High: 0.6688 / Low: 0.6640).

April Spread (Volatile) ±0.0516

July Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0158 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.6842) against the same month in 2019 (average: 0.6086), the exchange rate shifted by +0.0756 (+12.43%).

2020 Avg (May) 0.6842

2019 Avg (May) 0.6086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6443	0.6309	0.6374
February	0.6442	0.6339	0.6396
March	0.6733	0.6366	0.6501
April	0.6883	0.6367	0.6751
May	0.6885	0.6791	0.6842
June	0.6823	0.6673	0.6722
July	0.6688	0.6640	0.6659
August	0.6648	0.6405	0.6501
September	0.6496	0.6314	0.6421
October	0.6395	0.6276	0.6331
November	0.6354	0.6193	0.6275
December	0.6491	0.6252	0.6341