2022 IDR to NGN Historical Review

YEARLY HIGH

0.0292 NGN

YEARLY LOW

0.0276 NGN

YEARLY AVERAGE

0.0285 NGN

2022 IDR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IDR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0292. Conversely, the yearly low was recorded on July 13, dropping to 0.0276.

This high-to-low spread represents a total annual volatility of 0.0016 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0286, the exchange rate registered a net change of -0.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0292 was down 0.45% compared to the 2021 peak of 0.0293, 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 291,862 NGN

2021 Average 281,937 NGN

Yearly Trough Low 276,326 NGN

Transaction Impact: A difference of 15,536.20 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0291

0.0279

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 0.0287, compared to 0.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0287

H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0011 NGN (High: 0.0288 / Low: 0.0277). On the other end, February was the most stable month, with a tight range of 0.0003 NGN (High: 0.0292 / Low: 0.0289).

June Spread (Volatile) ±0.0011

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0290) against the same month in 2021 (average: 0.0277), the exchange rate shifted by +0.0012 (+4.50%).

2022 Avg (February) 0.0290

2021 Avg (February) 0.0277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0290	0.0286	0.0289
February	0.0292	0.0289	0.0290
March	0.0292	0.0288	0.0290
April	0.0290	0.0286	0.0289
May	0.0288	0.0281	0.0285
June	0.0288	0.0277	0.0283
July	0.0284	0.0276	0.0280
August	0.0287	0.0279	0.0284
September	0.0289	0.0283	0.0286
October	0.0286	0.0279	0.0282
November	0.0285	0.0278	0.0282
December	0.0289	0.0283	0.0286