2022 NGN to AFN Historical Review

YEARLY HIGH

0.2560 AFN

YEARLY LOW

0.1938 AFN

YEARLY AVERAGE

0.2127 AFN

2022 NGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.2560. Conversely, the yearly low was recorded on December 13, dropping to 0.1938.

This high-to-low spread represents a total annual volatility of 0.0622 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2527 to the December average rate of 0.1964, the exchange rate registered a net change of -22.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2560 was down 10.52% compared to the 2021 peak of 0.2861, 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 255,988 AFN

2021 Average 206,769 AFN

Yearly Trough Low 193,819 AFN

Transaction Impact: A difference of 62,169.54 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2583

0.1907

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 0.2212, compared to 0.2043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.2212

H2 Avg (Jul–Dec) 0.2043

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0205 AFN (High: 0.2404 / Low: 0.2200). On the other end, June was the most stable month, with a tight range of 0.0041 AFN (High: 0.2156 / Low: 0.2115).

February Spread (Volatile) ±0.0205

June Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0285 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.2527) against the same month in 2021 (average: 0.1994), the exchange rate shifted by +0.0533 (+26.73%).

2022 Avg (January) 0.2527

2021 Avg (January) 0.1994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2560	0.2459	0.2527
February	0.2404	0.2200	0.2242
March	0.2206	0.2080	0.2132
April	0.2134	0.2059	0.2105
May	0.2180	0.2062	0.2123
June	0.2156	0.2115	0.2141
July	0.2171	0.2067	0.2119
August	0.2184	0.2072	0.2123
September	0.2102	0.2021	0.2066
October	0.2047	0.1944	0.1997
November	0.2016	0.1969	0.1991
December	0.1992	0.1938	0.1964