2020 GNF to NGN Historical Review

YEARLY HIGH

0.0414 NGN

YEARLY LOW

0.0379 NGN

YEARLY AVERAGE

0.0395 NGN

2020 GNF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0414. Conversely, the yearly low was recorded on January 22, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0035 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0382 to the December average rate of 0.0386, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0414 was up 3.26% compared to the 2019 peak of 0.0401, 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 207 NGN

2019 Average 195 NGN

Yearly Trough Low 190 NGN

Transaction Impact: A difference of 17.34 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0414

0.0379

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 0.0397, compared to 0.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0397

H2 Avg (Jul–Dec) 0.0394

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0030 NGN (High: 0.0412 / Low: 0.0382). On the other end, July was the most stable month, with a tight range of 0.0002 NGN (High: 0.0404 / Low: 0.0401).

March Spread (Volatile) ±0.0030

July Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0411) against the same month in 2019 (average: 0.0392), the exchange rate shifted by +0.0019 (+4.76%).

2020 Avg (May) 0.0411

2019 Avg (May) 0.0392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0386	0.0379	0.0382
February	0.0387	0.0380	0.0384
March	0.0412	0.0382	0.0391
April	0.0413	0.0387	0.0405
May	0.0414	0.0406	0.0411
June	0.0410	0.0402	0.0406
July	0.0404	0.0401	0.0403
August	0.0404	0.0393	0.0399
September	0.0403	0.0389	0.0396
October	0.0395	0.0389	0.0391
November	0.0393	0.0388	0.0390
December	0.0395	0.0380	0.0386