2019 MDL to NGN Historical Review

YEARLY HIGH

21.4071 NGN

YEARLY LOW

16.8914 NGN

YEARLY AVERAGE

20.5584 NGN

2019 MDL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MDL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 21.4071. Conversely, the yearly low was recorded on June 5, dropping to 16.8914.

This high-to-low spread represents a total annual volatility of 4.5157 NGN. From a start-to-finish perspective, comparing the January average rate of 21.2248 to the December average rate of 21.0070, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.4071 was down 2.64% compared to the 2018 peak of 21.9887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,036 NGN

2018 Average 107,522 NGN

Yearly Trough Low 84,457 NGN

Transaction Impact: A difference of 22,578.42 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.4295

18.9725

JanuMarcMayJulySeptNove

MDL 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 20.5016, compared to 20.6153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1137 points.

H1 Avg (Jan–Jun) 20.5016

H2 Avg (Jul–Dec) 20.6153

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.7973 NGN (High: 20.9630 / Low: 17.1657). On the other end, February was the most stable month, with a tight range of 0.2243 NGN (High: 21.2483 / Low: 21.0241).

August Spread (Volatile) ±3.7973

February Spread (Stable) ±0.2243

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 0.9034 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.9034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 21.2248) against the same month in 2018 (average: 21.2508), the exchange rate shifted by -0.0261 (-0.12%).

2019 Avg (January) 21.2248

2018 Avg (January) 21.2508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.4071	21.1124	21.2248
February	21.2483	21.0241	21.1530
March	21.1525	20.7557	20.9708
April	20.7920	20.1120	20.4031
May	20.2838	19.7459	20.0807
June	19.9283	16.8914	19.1773
July	20.7082	19.9994	20.3627
August	20.9630	17.1657	20.3707
September	20.5730	20.1408	20.4268
October	20.9723	20.4283	20.7212
November	20.9324	20.6555	20.8032
December	21.1600	20.7245	21.0070