2020 NGN to ALL Historical Review

YEARLY HIGH

0.3269 ALL

YEARLY LOW

0.2253 ALL

YEARLY AVERAGE

0.2858 ALL

2020 NGN to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.3269. Conversely, the yearly low was recorded on July 19, dropping to 0.2253.

This high-to-low spread represents a total annual volatility of 0.1015 ALL. From a start-to-finish perspective, comparing the January average rate of 0.3034 to the December average rate of 0.2644, the exchange rate registered a net change of -12.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3269 was down 8.57% compared to the 2019 peak of 0.3575, 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 326,863 ALL

2019 Average 305,383 ALL

Yearly Trough Low 225,329 ALL

Transaction Impact: A difference of 101,534.59 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3118

0.2601

JanuMarcMayJulySeptNove

NGN to ALL 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 0.2986, compared to 0.2730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.2986

H2 Avg (Jul–Dec) 0.2730

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0596 ALL (High: 0.2849 / Low: 0.2253). On the other end, October was the most stable month, with a tight range of 0.0065 ALL (High: 0.2797 / Low: 0.2732).

July Spread (Volatile) ±0.0596

October Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0092 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.2928) against the same month in 2019 (average: 0.3053), the exchange rate shifted by -0.0125 (-4.10%).

2020 Avg (May) 0.2928

2019 Avg (May) 0.3053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3070	0.2981	0.3034
February	0.3110	0.3032	0.3075
March	0.3152	0.2939	0.3026
April	0.3173	0.2888	0.3000
May	0.3269	0.2882	0.2928
June	0.2887	0.2815	0.2850
July	0.2849	0.2253	0.2779
August	0.2789	0.2690	0.2722
September	0.2796	0.2681	0.2742
October	0.2797	0.2732	0.2759
November	0.2790	0.2705	0.2736
December	0.2717	0.2550	0.2644