2020 NGN to AED Historical Review

YEARLY HIGH

0.0102 AED

YEARLY LOW

0.0093 AED

YEARLY AVERAGE

0.0097 AED

2020 NGN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0102. Conversely, the yearly low was recorded on December 26, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0009 AED. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0096, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0102 was down 15.19% compared to the 2019 peak of 0.0120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 10,167 AED

2019 Average 10,208 AED

Yearly Trough Low 9,301 AED

Transaction Impact: A difference of 865.61 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0102

0.0094

JanuMarcMayJulySeptNove

NGN to AED 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 0.0098, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0007 AED (High: 0.0101 / Low: 0.0094). On the other end, June was the most stable month, with a tight range of 0.0000 AED (High: 0.0095 / Low: 0.0095).

March Spread (Volatile) ±0.0007

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0101) against the same month in 2019 (average: 0.0101), the exchange rate shifted by +0.0000 (+0.31%).

2020 Avg (January) 0.0101

2019 Avg (January) 0.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0102	0.0100	0.0101
February	0.0101	0.0100	0.0101
March	0.0101	0.0094	0.0099
April	0.0100	0.0094	0.0095
May	0.0095	0.0094	0.0094
June	0.0095	0.0095	0.0095
July	0.0095	0.0094	0.0095
August	0.0097	0.0095	0.0095
September	0.0097	0.0095	0.0096
October	0.0097	0.0095	0.0096
November	0.0097	0.0096	0.0096
December	0.0097	0.0093	0.0096