2022 ILS to NGN Historical Review

YEARLY HIGH

133.7538 NGN

YEARLY LOW

117.5831 NGN

YEARLY AVERAGE

126.2526 NGN

2022 ILS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 133.7538. Conversely, the yearly low was recorded on July 2, dropping to 117.5831.

This high-to-low spread represents a total annual volatility of 16.1707 NGN. From a start-to-finish perspective, comparing the January average rate of 131.9408 to the December average rate of 128.8749, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 133.7538 was down 0.08% compared to the 2021 peak of 133.8546, 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 668,769 NGN

2021 Average 624,453 NGN

Yearly Trough Low 587,915 NGN

Transaction Impact: A difference of 80,853.26 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

133.0371

119.8809

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 127.1318, compared to 125.3734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7584 points.

H1 Avg (Jan–Jun) 127.1318

H2 Avg (Jul–Dec) 125.3734

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 6.9903 NGN (High: 129.5259 / Low: 122.5356). On the other end, October was the most stable month, with a tight range of 3.7371 NGN (High: 125.0041 / Low: 121.2670).

November Spread (Volatile) ±6.9903

October Spread (Stable) ±3.7371

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 April and May, when the average rate fell by 5.2520 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.2520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 131.9408) against the same month in 2021 (average: 120.0307), the exchange rate shifted by +11.9101 (+9.92%).

2022 Avg (January) 131.9408

2021 Avg (January) 120.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	133.7538	129.5413	131.9408
February	131.1055	127.0660	129.4101
March	130.7722	125.8418	128.3355
April	130.2686	124.2661	128.1579
May	124.6804	119.8775	122.9059
June	125.1313	118.5575	122.0409
July	123.3867	117.5831	120.9773
August	130.3958	123.4788	127.9268
September	125.8937	121.5021	124.2745
October	125.0041	121.2670	123.0014
November	129.5259	122.5356	127.1854
December	131.0466	126.2265	128.8749