2019 HKD to NGN Historical Review

YEARLY HIGH

46.6704 NGN

YEARLY LOW

39.0614 NGN

YEARLY AVERAGE

45.9524 NGN

2019 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 46.6704. Conversely, the yearly low was recorded on August 26, dropping to 39.0614.

This high-to-low spread represents a total annual volatility of 7.6090 NGN. From a start-to-finish perspective, comparing the January average rate of 46.3446 to the December average rate of 46.4602, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 46.6704 was down 0.16% compared to the 2018 peak of 46.7463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,166,760 NGN

2018 Average 1,152,476 NGN

Yearly Trough Low 976,534 NGN

Transaction Impact: A difference of 190,225.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

46.6639

44.2195

JanuMarcMayJulySeptNove

HKD 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 45.7513, compared to 46.1534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4021 points.

H1 Avg (Jan–Jun) 45.7513

H2 Avg (Jul–Dec) 46.1534

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 7.3150 NGN (High: 46.3763 / Low: 39.0614). On the other end, November was the most stable month, with a tight range of 0.1970 NGN (High: 46.3842 / Low: 46.1872).

August Spread (Volatile) ±7.3150

November Spread (Stable) ±0.1970

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.4745 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 46.4602) against the same month in 2018 (average: 46.5382), the exchange rate shifted by -0.0780 (-0.17%).

2019 Avg (December) 46.4602

2018 Avg (December) 46.5382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.6168	46.1072	46.3446
February	46.2413	45.9863	46.0615
March	46.0868	45.7328	45.8797
April	46.0834	45.7186	45.9012
May	46.1080	45.8101	45.8977
June	46.1619	39.0690	44.4232
July	46.3643	45.9792	46.1398
August	46.3763	39.0614	45.7815
September	46.3235	45.7810	46.1393
October	46.3299	46.0249	46.1312
November	46.3842	46.1872	46.2685
December	46.6704	46.1730	46.4602