2019 GNF to NGN Historical Review

YEARLY HIGH

0.0401 NGN

YEARLY LOW

0.0331 NGN

YEARLY AVERAGE

0.0390 NGN

2019 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0401. Conversely, the yearly low was recorded on June 8, dropping to 0.0331.

This high-to-low spread represents a total annual volatility of 0.0070 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0397 to the December average rate of 0.0383, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0401 was down 0.86% compared to the 2018 peak of 0.0405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 201 NGN

2018 Average 200 NGN

Yearly Trough Low 166 NGN

Transaction Impact: A difference of 34.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0398

0.0377

JanuMarcMayJulySeptNove

GNF 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 0.0391, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0391

H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0068 NGN (High: 0.0401 / Low: 0.0333). On the other end, October was the most stable month, with a tight range of 0.0003 NGN (High: 0.0393 / Low: 0.0390).

August Spread (Volatile) ±0.0068

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0390) against the same month in 2018 (average: 0.0399), the exchange rate shifted by -0.0009 (-2.18%).

2019 Avg (August) 0.0390

2018 Avg (August) 0.0399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0401	0.0394	0.0397
February	0.0397	0.0392	0.0394
March	0.0396	0.0389	0.0392
April	0.0395	0.0390	0.0392
May	0.0395	0.0389	0.0392
June	0.0395	0.0331	0.0379
July	0.0396	0.0390	0.0392
August	0.0401	0.0333	0.0390
September	0.0395	0.0389	0.0392
October	0.0393	0.0390	0.0391
November	0.0401	0.0380	0.0388
December	0.0386	0.0380	0.0383