2020 HUF to NGN Historical Review

YEARLY HIGH

1.3347 NGN

YEARLY LOW

1.0840 NGN

YEARLY AVERAGE

1.2361 NGN

2020 HUF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 1.3347. Conversely, the yearly low was recorded on April 5, dropping to 1.0840.

This high-to-low spread represents a total annual volatility of 0.2507 NGN. From a start-to-finish perspective, comparing the January average rate of 1.2041 to the December average rate of 1.3019, the exchange rate registered a net change of 8.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3347 was up 1.25% compared to the 2019 peak of 1.3183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 1,334,731 NGN

2019 Average 1,239,745 NGN

Yearly Trough Low 1,084,004 NGN

Transaction Impact: A difference of 250,727.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3203

1.1599

JanuMarcMayJulySeptNove

HUF 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 1.2011, compared to 1.2711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0700 points.

H1 Avg (Jan–Jun) 1.2011

H2 Avg (Jul–Dec) 1.2711

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1521 NGN (High: 1.2434 / Low: 1.0912). On the other end, February was the most stable month, with a tight range of 0.0352 NGN (High: 1.1973 / Low: 1.1621).

March Spread (Volatile) ±0.1521

February Spread (Stable) ±0.0352

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 0.0520 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 1.2658) against the same month in 2019 (average: 1.2421), the exchange rate shifted by +0.0237 (+1.91%).

2020 Avg (July) 1.2658

2019 Avg (July) 1.2421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2412	1.1819	1.2041
February	1.1973	1.1621	1.1775
March	1.2434	1.0912	1.1876
April	1.2105	1.0840	1.1732
May	1.2418	1.1801	1.2102
June	1.2815	1.2228	1.2543
July	1.3347	1.2326	1.2658
August	1.3297	1.2833	1.3069
September	1.2941	1.2177	1.2549
October	1.2736	1.2094	1.2405
November	1.2743	1.2082	1.2569
December	1.3301	1.2779	1.3019