2020 NGN to AFN Historical Review

YEARLY HIGH

0.2156 AFN

YEARLY LOW

0.1944 AFN

YEARLY AVERAGE

0.2022 AFN

2020 NGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.2156. Conversely, the yearly low was recorded on April 22, dropping to 0.1944.

This high-to-low spread represents a total annual volatility of 0.0212 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2131 to the December average rate of 0.2008, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2156 was down 17.70% compared to the 2019 peak of 0.2620, 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 215,612 AFN

2019 Average 216,504 AFN

Yearly Trough Low 194,399 AFN

Transaction Impact: A difference of 21,213.21 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2148

0.1949

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 0.2040, compared to 0.2004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2040

H2 Avg (Jul–Dec) 0.2004

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0153 AFN (High: 0.2112 / Low: 0.1959). On the other end, July was the most stable month, with a tight range of 0.0017 AFN (High: 0.1993 / Low: 0.1976).

March Spread (Volatile) ±0.0153

July Spread (Stable) ±0.0017

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 0.0077 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2131) against the same month in 2019 (average: 0.2077), the exchange rate shifted by +0.0054 (+2.60%).

2020 Avg (January) 0.2131

2019 Avg (January) 0.2077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2156	0.2110	0.2131
February	0.2141	0.2073	0.2113
March	0.2112	0.1959	0.2056
April	0.2075	0.1944	0.1979
May	0.1982	0.1954	0.1965
June	0.2004	0.1980	0.1994
July	0.1993	0.1976	0.1988
August	0.2029	0.1976	0.2001
September	0.2021	0.1983	0.2003
October	0.2021	0.1991	0.2012
November	0.2026	0.2003	0.2015
December	0.2033	0.1955	0.2008