YEARLY HIGH
0.4388 NGN
YEARLY LOW
0.4014 NGN
YEARLY AVERAGE
0.4225 NGN

2020 KPW to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KPW to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.4388. Conversely, the yearly low was recorded on January 16, dropping to 0.4014.

This high-to-low spread represents a total annual volatility of 0.0374 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4025 to the December average rate of 0.4265, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4388 was up 8.09% compared to the 2019 peak of 0.4060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,194 NGN
2019 Average 2,000 NGN
Yearly Trough Low 2,007 NGN
Transaction Impact: A difference of 186.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4354
0.3995
JanuMarcMayJulySeptNove

KPW 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 0.4182, compared to 0.4267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.4182
H2 Avg (Jul–Dec) 0.4267

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0304 NGN (High: 0.4350 / Low: 0.4046). On the other end, June was the most stable month, with a tight range of 0.0021 NGN (High: 0.4311 / Low: 0.4290).

March Spread (Volatile) ±0.0304
June Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4265) against the same month in 2019 (average: 0.4029), the exchange rate shifted by +0.0236 (+5.86%).

2020 Avg (December) 0.4265
2019 Avg (December) 0.4029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4068 0.4014 0.4025
February 0.4065 0.4022 0.4045
March 0.4350 0.4046 0.4119
April 0.4333 0.4078 0.4277
May 0.4340 0.4294 0.4324
June 0.4311 0.4290 0.4305
July 0.4323 0.4297 0.4307
August 0.4313 0.4206 0.4280
September 0.4305 0.4228 0.4263
October 0.4288 0.4228 0.4245
November 0.4269 0.4222 0.4244
December 0.4388 0.4217 0.4265