2020 MVR to NGN Historical Review

YEARLY HIGH

25.6280 NGN

YEARLY LOW

23.3701 NGN

YEARLY AVERAGE

24.6474 NGN

2020 MVR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 25.6280. Conversely, the yearly low was recorded on January 16, dropping to 23.3701.

This high-to-low spread represents a total annual volatility of 2.2579 NGN. From a start-to-finish perspective, comparing the January average rate of 23.4404 to the December average rate of 24.9053, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 25.6280 was up 8.44% compared to the 2019 peak of 23.6337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128,140 NGN

2019 Average 116,571 NGN

Yearly Trough Low 116,851 NGN

Transaction Impact: A difference of 11,289.39 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

25.3366

23.2680

JanuMarcMayJulySeptNove

MVR 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 24.3661, compared to 24.9287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5625 points.

H1 Avg (Jan–Jun) 24.3661

H2 Avg (Jul–Dec) 24.9287

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9039 NGN (High: 25.4200 / Low: 23.5161). On the other end, July was the most stable month, with a tight range of 0.1674 NGN (High: 25.2623 / Low: 25.0950).

March Spread (Volatile) ±1.9039

July Spread (Stable) ±0.1674

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 0.1624 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 24.9053) against the same month in 2019 (average: 23.4805), the exchange rate shifted by +1.4247 (+6.07%).

2020 Avg (December) 24.9053

2019 Avg (December) 23.4805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.6968	23.3701	23.4404
February	23.6796	23.4153	23.5590
March	25.4200	23.5161	24.0021
April	25.2836	23.8157	24.9608
May	25.2796	24.9684	25.1471
June	25.1785	24.9713	25.0874
July	25.2623	25.0950	25.1642
August	25.1901	24.5779	25.0019
September	25.1487	24.6918	24.9052
October	25.0593	24.6918	24.7985
November	24.9341	24.6593	24.7970
December	25.6280	24.6269	24.9053