YEARLY HIGH
0.0044 ANG
YEARLY LOW
0.0040 ANG
YEARLY AVERAGE
0.0043 ANG

2022 NGN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0044. Conversely, the yearly low was recorded on December 19, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0004 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0040, the exchange rate registered a net change of -6.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0044 was down 7.29% compared to the 2021 peak of 0.0047, 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 4,386 ANG
2021 Average 4,457 ANG
Yearly Trough Low 4,016 ANG
Transaction Impact: A difference of 370.75 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0044
0.0040
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 0.0043, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0043
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0001 ANG (High: 0.0043 / Low: 0.0041). On the other end, May was the most stable month, with a tight range of 0.0000 ANG (High: 0.0043 / Low: 0.0043).

September Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.0043) against the same month in 2021 (average: 0.0046), the exchange rate shifted by -0.0003 (-5.57%).

2022 Avg (April) 0.0043
2021 Avg (April) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0044
February 0.0043 0.0043 0.0043
March 0.0043 0.0043 0.0043
April 0.0044 0.0043 0.0043
May 0.0043 0.0043 0.0043
June 0.0044 0.0043 0.0043
July 0.0043 0.0042 0.0043
August 0.0043 0.0042 0.0043
September 0.0043 0.0041 0.0042
October 0.0042 0.0041 0.0041
November 0.0041 0.0041 0.0041
December 0.0041 0.0040 0.0040