YEARLY HIGH
2.1451 NGN
YEARLY LOW
1.9639 NGN
YEARLY AVERAGE
2.0246 NGN

2022 GYD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GYD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.1451. Conversely, the yearly low was recorded on April 17, dropping to 1.9639.

This high-to-low spread represents a total annual volatility of 0.1813 NGN. From a start-to-finish perspective, comparing the January average rate of 1.9783 to the December average rate of 2.1279, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1451 was up 8.40% compared to the 2021 peak of 1.9789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,726 NGN
2021 Average 9,642 NGN
Yearly Trough Low 9,819 NGN
Transaction Impact: A difference of 906.28 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1428
1.9633
JanuMarcMayJulySeptNove

GYD 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 1.9853, compared to 2.0639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0786 points.

H1 Avg (Jan–Jun) 1.9853
H2 Avg (Jul–Dec) 2.0639

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0654 NGN (High: 2.0768 / Low: 2.0114). On the other end, May was the most stable month, with a tight range of 0.0042 NGN (High: 1.9867 / Low: 1.9825).

September Spread (Volatile) ±0.0654
May Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0042 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.1279) against the same month in 2021 (average: 1.9653), the exchange rate shifted by +0.1626 (+8.27%).

2022 Avg (December) 2.1279
2021 Avg (December) 1.9653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9879 1.9671 1.9783
February 1.9949 1.9859 1.9895
March 1.9912 1.9846 1.9885
April 1.9908 1.9639 1.9844
May 1.9867 1.9825 1.9847
June 2.0063 1.9690 1.9866
July 2.0350 1.9807 2.0019
August 2.0365 1.9813 2.0102
September 2.0768 2.0114 2.0486
October 2.1109 2.0613 2.0825
November 2.1228 2.0986 2.1125
December 2.1451 2.1187 2.1279