GMD to NGN Historical Rates

Analyze long-term market trends and access daily historical data for the GMD/NGN pair.

10-YEAR HIGH
24.4969 NGN
10-YEAR LOW
6.0779 NGN
10-YEAR AVERAGE
11.0863 NGN

10-Year GMD to NGN Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the GMD to NGN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on July 28, 2024, when the pair was valued at 24.4969. Conversely, the absolute lowest rate of the decade was recorded on August 26, 2019, dropping to a support floor of 6.0779.

This peak-to-trough range represents a total macro spread of 18.4189 NGN. From a long-term perspective, comparing the decade's oldest annual average of 7.3902 (in 2016) to the newest annual average of 18.7714 (in 2026), the exchange rate registered a net shift of +154.00%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 14.8324, showing a variance of 7.4389 points compared to the older 5-year average of 7.3935.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 GMD over the decade:

Decade Peak High 122,484 NGN
10-Year Average 55,432 NGN
Decade Trough Low 30,390 NGN
Macro Timing Impact: A difference of 92,094.66 NGN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

25.6176
5.0711
201620182020202220242026

GMD to NGN Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 7.3935, compared to 14.8324 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 7.4389 points.

Older 5 Yrs Avg 7.3935
Recent 5 Yrs Avg 14.8324

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2024, with a trading range of 11.7228 NGN (High: 24.4969 / Low: 12.7741). Conversely, 2018 was the most stable year, with a range of 0.3721 NGN (High: 7.6569 / Low: 7.2848).

2024 Spread (Volatile) ±11.7228
2018 Spread (Stable) ±0.3721

Decade Growth & Declines

Macro Trends

Between 2019 and 2021, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2025 and 2026, when the average rate fell by 2.3279 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -2.3279

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 7.3902) against the newest annual average (2026: 18.7714), the exchange rate shifted by +11.3812 (+154.00%).

2016 Baseline Avg 7.3902
2026 Current Avg 18.7714

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 18.3574
2026-07-29 18.4203
2026-07-28 18.4707
2026-07-27 18.4430
2026-07-26 18.4889
2026-07-25 18.4877
2026-07-24 18.5045
2026-07-23 18.6477
2026-07-22 18.8432
2026-07-21 18.8056
2026-07-20 18.6687
2026-07-19 18.6287
2026-07-18 18.6315
2026-07-17 18.6496
2026-07-16 18.6861
2026-07-15 18.7787
2026-07-14 18.9131
2026-07-13 18.8142
2026-07-12 18.7613
2026-07-11 18.7472
2026-07-10 18.8273
2026-07-09 18.7639
2026-07-08 18.7045
2026-07-07 18.6364
2026-07-06 18.7602
2026-07-05 18.8799
2026-07-04 18.8943
2026-07-03 18.8869
2026-07-02 18.7474
2026-07-01 18.7471
2026-06-30 18.7905

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