2026 GMD to NGN Historical Review

YEARLY HIGH

19.5489 NGN

YEARLY LOW

18.1081 NGN

YEARLY AVERAGE

18.7349 NGN

2026 GMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the GMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 19.5489. Conversely, the yearly low was recorded on February 18, dropping to 18.1081.

This high-to-low spread represents a total annual volatility of 1.4408 NGN. From a start-to-finish perspective, comparing the January average rate of 19.3233 to the December average rate of 18.4706, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 19.5489 was down 16.18% compared to the 2025 peak of 23.3238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,745 NGN

2025 Average 105,496 NGN

Yearly Trough Low 90,541 NGN

Transaction Impact: A difference of 7,204.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

19.4086

18.3853

JanuMarcMayJuly

GMD 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 18.7887, compared to 18.5733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2155 points.

H1 Avg (Jan–Jun) 18.7887

H2 Avg (Jul–Dec) 18.5733

Volatility Range Comparison

Volatility

The most volatile month in 2026 was February, with a trading range of 0.9720 NGN (High: 19.0801 / Low: 18.1081). On the other end, August was the most stable month, with a tight range of 0.0877 NGN (High: 18.5250 / Low: 18.4373).

February Spread (Volatile) ±0.9720

August Spread (Stable) ±0.0877

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 0.7892 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 19.3233) against the same month in 2025 (average: 21.5679), the exchange rate shifted by -2.2446 (-10.41%).

2026 Avg (January) 19.3233

2025 Avg (January) 21.5679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.5489	18.8853	19.3233
February	19.0801	18.1081	18.5341
March	19.1608	18.3180	18.7654
April	18.8901	18.1714	18.5301
May	18.9200	18.8142	18.8582
June	18.9620	18.5094	18.7213
July	18.9131	18.3570	18.6759
August	18.5250	18.4373	18.4706