YEARLY HIGH
9.3146 NGN
YEARLY LOW
8.4502 NGN
YEARLY AVERAGE
8.7051 NGN

2026 ETB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the ETB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 9.3146. Conversely, the yearly low was recorded on July 31, dropping to 8.4502.

This high-to-low spread represents a total annual volatility of 0.8643 NGN. From a start-to-finish perspective, comparing the January average rate of 9.1264 to the December average rate of 8.5155, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 9.3146 was down 29.88% compared to the 2025 peak of 13.2831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,573 NGN
2025 Average 55,129 NGN
Yearly Trough Low 42,251 NGN
Transaction Impact: A difference of 4,321.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

9.1874
8.4544
JanuMarcMayJuly

ETB 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 8.7643, compared to 8.5273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2370 points.

H1 Avg (Jan–Jun) 8.7643
H2 Avg (Jul–Dec) 8.5273

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.4581 NGN (High: 9.3146 / Low: 8.8565). On the other end, August was the most stable month, with a tight range of 0.0739 NGN (High: 8.5355 / Low: 8.4616).

January Spread (Volatile) ±0.4581
August Spread (Stable) ±0.0739

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3817 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 9.1264) against the same month in 2025 (average: 12.2131), the exchange rate shifted by -3.0867 (-25.27%).

2026 Avg (January) 9.1264
2025 Avg (January) 12.2131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3146 8.8565 9.1264
February 8.9773 8.6243 8.7446
March 9.0240 8.5973 8.8398
April 8.8542 8.5508 8.7030
May 8.7656 8.5435 8.6213
June 8.6635 8.4559 8.5509
July 8.6458 8.4502 8.5391
August 8.5355 8.4616 8.5155