YEARLY HIGH
0.0049 ANG
YEARLY LOW
0.0043 ANG
YEARLY AVERAGE
0.0047 ANG

2020 NGN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.0049. Conversely, the yearly low was recorded on February 9, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0006 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0047, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0049 was down 19.61% compared to the 2019 peak of 0.0061, 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 4,929 ANG
2019 Average 4,993 ANG
Yearly Trough Low 4,350 ANG
Transaction Impact: A difference of 579.52 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0049
0.0046
JanuMarcMayJulySeptNove

NGN to ANG 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 0.0047, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0006 ANG (High: 0.0049 / Low: 0.0043). On the other end, June was the most stable month, with a tight range of 0.0000 ANG (High: 0.0046 / Low: 0.0046).

February Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0047) against the same month in 2019 (average: 0.0050), the exchange rate shifted by -0.0002 (-4.91%).

2020 Avg (February) 0.0047
2019 Avg (February) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0045 0.0046
February 0.0049 0.0043 0.0047
March 0.0049 0.0046 0.0048
April 0.0049 0.0046 0.0047
May 0.0046 0.0046 0.0046
June 0.0046 0.0046 0.0046
July 0.0046 0.0046 0.0046
August 0.0047 0.0046 0.0047
September 0.0047 0.0046 0.0047
October 0.0047 0.0047 0.0047
November 0.0047 0.0047 0.0047
December 0.0047 0.0045 0.0047