YEARLY HIGH
105.1855 NGN
YEARLY LOW
84.7345 NGN
YEARLY AVERAGE
101.0782 NGN

2019 ILS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ILS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 105.1855. Conversely, the yearly low was recorded on June 4, dropping to 84.7345.

This high-to-low spread represents a total annual volatility of 20.4511 NGN. From a start-to-finish perspective, comparing the January average rate of 98.5870 to the December average rate of 104.3654, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 105.1855 was down 0.99% compared to the 2018 peak of 106.2348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 525,928 NGN
2018 Average 502,857 NGN
Yearly Trough Low 423,672 NGN
Transaction Impact: A difference of 102,255.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

105.1351
95.8994
JanuMarcMayJulySeptNove

ILS 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 99.1756, compared to 102.9807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8051 points.

H1 Avg (Jan–Jun) 99.1756
H2 Avg (Jul–Dec) 102.9807

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 17.6619 NGN (High: 104.6968 / Low: 87.0349). On the other end, March was the most stable month, with a tight range of 1.2323 NGN (High: 100.2559 / Low: 99.0236).

August Spread (Volatile) ±17.6619
March Spread (Stable) ±1.2323

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.6802 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -3.6802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 104.3654) against the same month in 2018 (average: 96.9757), the exchange rate shifted by +7.3897 (+7.62%).

2019 Avg (December) 104.3654
2018 Avg (December) 96.9757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.9389 97.1027 98.5870
February 100.4969 98.8925 99.6994
March 100.2559 99.0236 99.5356
April 101.4016 99.0417 100.2133
May 101.1523 99.0998 100.3493
June 100.9360 84.7345 96.6691
July 103.2695 100.7106 101.6842
August 104.6968 87.0349 102.2999
September 104.2168 101.6833 102.7282
October 104.4351 102.0135 102.8542
November 104.8423 102.6787 103.9523
December 105.1855 103.7553 104.3654