YEARLY HIGH
0.0262 NGN
YEARLY LOW
0.0215 NGN
YEARLY AVERAGE
0.0255 NGN

2019 IDR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IDR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0262. Conversely, the yearly low was recorded on June 5, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0047 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0259, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0262 was down 3.25% compared to the 2018 peak of 0.0271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 261,710 NGN
2018 Average 255,278 NGN
Yearly Trough Low 214,503 NGN
Transaction Impact: A difference of 47,206.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0261
0.0243
JanuMarcMayJulySeptNove

IDR 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 0.0253, compared to 0.0257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0253
H2 Avg (Jul–Dec) 0.0257

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0044 NGN (High: 0.0259 / Low: 0.0215). On the other end, November was the most stable month, with a tight range of 0.0002 NGN (High: 0.0259 / Low: 0.0257).

August Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0259) against the same month in 2018 (average: 0.0251), the exchange rate shifted by +0.0008 (+3.38%).

2019 Avg (December) 0.0259
2018 Avg (December) 0.0251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0260 0.0253 0.0257
February 0.0260 0.0255 0.0258
March 0.0256 0.0251 0.0253
April 0.0256 0.0252 0.0255
May 0.0254 0.0248 0.0251
June 0.0255 0.0215 0.0244
July 0.0260 0.0254 0.0257
August 0.0259 0.0215 0.0252
September 0.0259 0.0254 0.0257
October 0.0259 0.0255 0.0256
November 0.0259 0.0257 0.0258
December 0.0262 0.0256 0.0259