2019 NGN to AFN Historical Review

YEARLY HIGH

0.2620 AFN

YEARLY LOW

0.2059 AFN

YEARLY AVERAGE

0.2165 AFN

2019 NGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.2620. Conversely, the yearly low was recorded on February 22, dropping to 0.2059.

This high-to-low spread represents a total annual volatility of 0.0560 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2077 to the December average rate of 0.2166, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2620 was up 24.21% compared to the 2018 peak of 0.2109, 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 261,971 AFN

2018 Average 200,390 AFN

Yearly Trough Low 205,943 AFN

Transaction Impact: A difference of 56,028.28 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2341

0.2048

JanuMarcMayJulySeptNove

NGN to AFN 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 0.2150, compared to 0.2180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2150

H2 Avg (Jul–Dec) 0.2180

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0425 AFN (High: 0.2558 / Low: 0.2133). On the other end, November was the most stable month, with a tight range of 0.0015 AFN (High: 0.2172 / Low: 0.2158).

August Spread (Volatile) ±0.0425

November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0088 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.2317) against the same month in 2018 (average: 0.1992), the exchange rate shifted by +0.0325 (+16.29%).

2019 Avg (June) 0.2317

2018 Avg (June) 0.1992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2092	0.2066	0.2077
February	0.2094	0.2059	0.2072
March	0.2108	0.2064	0.2094
April	0.2164	0.2107	0.2146
May	0.2242	0.2143	0.2193
June	0.2620	0.2203	0.2317
July	0.2256	0.2200	0.2229
August	0.2558	0.2133	0.2192
September	0.2180	0.2147	0.2165
October	0.2172	0.2156	0.2163
November	0.2172	0.2158	0.2162
December	0.2180	0.2146	0.2166