YEARLY HIGH
0.4987 NGN
YEARLY LOW
0.4566 NGN
YEARLY AVERAGE
0.4707 NGN

2022 KPW to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KPW to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.4987. Conversely, the yearly low was recorded on January 9, dropping to 0.4566.

This high-to-low spread represents a total annual volatility of 0.0421 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4597 to the December average rate of 0.4949, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4987 was up 8.45% compared to the 2021 peak of 0.4598, 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 2,494 NGN
2021 Average 2,241 NGN
Yearly Trough Low 2,283 NGN
Transaction Impact: A difference of 210.37 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4984
0.4562
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 0.4616, compared to 0.4797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.4616
H2 Avg (Jul–Dec) 0.4797

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0178 NGN (High: 0.4858 / Low: 0.4680). On the other end, May was the most stable month, with a tight range of 0.0030 NGN (High: 0.4620 / Low: 0.4590).

September Spread (Volatile) ±0.0178
May Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.4949) against the same month in 2021 (average: 0.4569), the exchange rate shifted by +0.0379 (+8.31%).

2022 Avg (December) 0.4949
2021 Avg (December) 0.4569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4621 0.4566 0.4597
February 0.4652 0.4603 0.4624
March 0.4650 0.4614 0.4624
April 0.4637 0.4606 0.4619
May 0.4620 0.4590 0.4613
June 0.4664 0.4610 0.4621
July 0.4723 0.4608 0.4653
August 0.4738 0.4617 0.4677
September 0.4858 0.4680 0.4760
October 0.4888 0.4804 0.4840
November 0.4934 0.4842 0.4906
December 0.4987 0.4928 0.4949