2020 MXN to NGN Historical Review

YEARLY HIGH

19.8635 NGN

YEARLY LOW

14.5197 NGN

YEARLY AVERAGE

17.7953 NGN

2020 MXN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 19.8635. Conversely, the yearly low was recorded on April 5, dropping to 14.5197.

This high-to-low spread represents a total annual volatility of 5.3438 NGN. From a start-to-finish perspective, comparing the January average rate of 19.2662 to the December average rate of 19.2423, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.8635 was up 2.95% compared to the 2019 peak of 19.2941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 993,173 NGN

2019 Average 935,570 NGN

Yearly Trough Low 725,984 NGN

Transaction Impact: A difference of 267,189.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.6617

15.5584

JanuMarcMayJulySeptNove

MXN 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 17.5234, compared to 18.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5437 points.

H1 Avg (Jan–Jun) 17.5234

H2 Avg (Jul–Dec) 18.0671

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.8930 NGN (High: 18.8109 / Low: 14.9179). On the other end, January was the most stable month, with a tight range of 0.3319 NGN (High: 19.4296 / Low: 19.0976).

March Spread (Volatile) ±3.8930

January Spread (Stable) ±0.3319

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.6248 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.6248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 19.2423) against the same month in 2019 (average: 18.9960), the exchange rate shifted by +0.2463 (+1.30%).

2020 Avg (December) 19.2423

2019 Avg (December) 18.9960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4296	19.0976	19.2662
February	19.6426	18.6356	19.3198
March	18.8109	14.9179	16.6950
April	16.4916	14.5197	15.9004
May	17.5706	15.6400	16.6096
June	18.0600	16.8038	17.3497
July	17.7209	16.9958	17.3065
August	17.8128	16.9065	17.3898
September	18.4307	17.0308	17.7456
October	18.2623	17.4605	17.9846
November	19.1076	17.8822	18.7338
December	19.8635	18.8983	19.2423