2022 NGN to AMD Historical Review

YEARLY HIGH

1.2474 AMD

YEARLY LOW

0.8787 AMD

YEARLY AVERAGE

1.0327 AMD

2022 NGN to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 1.2474. Conversely, the yearly low was recorded on December 31, dropping to 0.8787.

This high-to-low spread represents a total annual volatility of 0.3687 AMD. From a start-to-finish perspective, comparing the January average rate of 1.1647 to the December average rate of 0.8861, the exchange rate registered a net change of -23.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.2474 was down 10.96% compared to the 2021 peak of 1.4009, 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 1,247,398 AMD

2021 Average 1,254,424 AMD

Yearly Trough Low 878,708 AMD

Transaction Impact: A difference of 368,689.81 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.2279

0.8550

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 1.1317, compared to 0.9338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1979 points.

H1 Avg (Jan–Jun) 1.1317

H2 Avg (Jul–Dec) 0.9338

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0969 AMD (High: 1.0774 / Low: 0.9806). On the other end, December was the most stable month, with a tight range of 0.0139 AMD (High: 0.8926 / Low: 0.8787).

June Spread (Volatile) ±0.0969

December Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0741 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.1969) against the same month in 2021 (average: 1.3564), the exchange rate shifted by -0.1596 (-11.76%).

2022 Avg (March) 1.1969

2021 Avg (March) 1.3564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1733	1.1555	1.1647
February	1.1658	1.1484	1.1555
March	1.2474	1.1711	1.1969
April	1.1632	1.1083	1.1401
May	1.1417	1.0795	1.1035
June	1.0774	0.9806	1.0293
July	0.9960	0.9614	0.9773
August	0.9802	0.9456	0.9620
September	0.9690	0.9332	0.9534
October	0.9470	0.9138	0.9267
November	0.9228	0.8887	0.8974
December	0.8926	0.8787	0.8861