YEARLY HIGH
1.5709 AMD
YEARLY LOW
1.2921 AMD
YEARLY AVERAGE
1.3353 AMD

2019 NGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 1.5709. Conversely, the yearly low was recorded on August 25, dropping to 1.2921.

This high-to-low spread represents a total annual volatility of 0.2787 AMD. From a start-to-finish perspective, comparing the January average rate of 1.3362 to the December average rate of 1.3189, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.5709 was up 16.09% compared to the 2018 peak of 1.3531, 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 1,570,851 AMD
2018 Average 1,336,666 AMD
Yearly Trough Low 1,292,105 AMD
Transaction Impact: A difference of 278,745.83 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3891
1.3110
JanuMarcMayJulySeptNove

NGN to AMD 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 1.3504, compared to 1.3203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 1.3504
H2 Avg (Jul–Dec) 1.3203

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2630 AMD (High: 1.5551 / Low: 1.2921). On the other end, July was the most stable month, with a tight range of 0.0081 AMD (High: 1.3250 / Low: 1.3169).

August Spread (Volatile) ±0.2630
July Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0606 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1.3826) against the same month in 2018 (average: 1.3404), the exchange rate shifted by +0.0422 (+3.15%).

2019 Avg (June) 1.3826
2018 Avg (June) 1.3404

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3445 1.3285 1.3362
February 1.3581 1.3460 1.3503
March 1.3649 1.3463 1.3536
April 1.3551 1.3332 1.3455
May 1.3393 1.3267 1.3342
June 1.5709 1.3222 1.3826
July 1.3250 1.3169 1.3220
August 1.5551 1.2921 1.3278
September 1.3295 1.3109 1.3175
October 1.3214 1.3115 1.3177
November 1.3232 1.3145 1.3179
December 1.3245 1.3153 1.3189