2020 EGP to NGN Historical Review

YEARLY HIGH

25.3414 NGN

YEARLY LOW

22.5401 NGN

YEARLY AVERAGE

24.0503 NGN

2020 EGP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 25.3414. Conversely, the yearly low was recorded on January 2, dropping to 22.5401.

This high-to-low spread represents a total annual volatility of 2.8013 NGN. From a start-to-finish perspective, comparing the January average rate of 22.7874 to the December average rate of 24.4665, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 25.3414 was up 11.77% compared to the 2019 peak of 22.6731, 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 126,707 NGN

2019 Average 107,189 NGN

Yearly Trough Low 112,700 NGN

Transaction Impact: A difference of 14,006.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

24.8819

22.5970

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 23.7847, compared to 24.3160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5313 points.

H1 Avg (Jan–Jun) 23.7847

H2 Avg (Jul–Dec) 24.3160

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7451 NGN (High: 24.8722 / Low: 23.1271). On the other end, July was the most stable month, with a tight range of 0.2864 NGN (High: 24.3374 / Low: 24.0510).

March Spread (Volatile) ±1.7451

July Spread (Stable) ±0.2864

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 0.7252 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 24.4665) against the same month in 2019 (average: 22.5439), the exchange rate shifted by +1.9226 (+8.53%).

2020 Avg (December) 24.4665

2019 Avg (December) 22.5439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.9810	22.5401	22.7874
February	23.4233	22.9114	23.2134
March	24.8722	23.1271	23.6367
April	24.7603	23.2588	24.4126
May	25.0585	24.4673	24.6915
June	24.2893	23.8575	23.9663
July	24.3374	24.0510	24.2161
August	24.4430	23.7168	24.1720
September	24.6049	24.1200	24.3168
October	24.5693	24.2172	24.3198
November	24.6220	24.2188	24.4047
December	25.3414	24.1784	24.4665