2019 EGP to NGN Historical Review

YEARLY HIGH

22.6731 NGN

YEARLY LOW

18.2634 NGN

YEARLY AVERAGE

21.4320 NGN

2019 EGP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EGP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 22.6731. Conversely, the yearly low was recorded on June 5, dropping to 18.2634.

This high-to-low spread represents a total annual volatility of 4.4097 NGN. From a start-to-finish perspective, comparing the January average rate of 20.3287 to the December average rate of 22.5439, the exchange rate registered a net change of 10.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 22.6731 was up 10.52% compared to the 2018 peak of 20.5144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113,365 NGN

2018 Average 101,449 NGN

Yearly Trough Low 91,317 NGN

Transaction Impact: A difference of 22,048.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.7655

20.1072

JanuMarcMayJulySeptNove

EGP 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 20.7426, compared to 22.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3789 points.

H1 Avg (Jan–Jun) 20.7426

H2 Avg (Jul–Dec) 22.1214

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.4778 NGN (High: 21.9846 / Low: 18.5069). On the other end, November was the most stable month, with a tight range of 0.1311 NGN (High: 22.5211 / Low: 22.3900).

August Spread (Volatile) ±3.4778

November Spread (Stable) ±0.1311

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 May and June, when the average rate fell by 0.3769 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 22.5439) against the same month in 2018 (average: 20.3242), the exchange rate shifted by +2.2197 (+10.92%).

2019 Avg (December) 22.5439

2018 Avg (December) 20.3242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.5405	20.1960	20.3287
February	20.6901	20.4186	20.5719
March	20.8817	20.5811	20.7273
April	21.0272	20.7570	20.8728
May	21.5498	20.8997	21.1658
June	21.6151	18.2634	20.7889
July	21.8227	21.6502	21.7044
August	21.9846	18.5069	21.6750
September	22.2505	21.7415	22.0640
October	22.4615	22.1297	22.2808
November	22.5211	22.3900	22.4605
December	22.6731	22.4257	22.5439