2019 NGN to ARS Historical Review

YEARLY HIGH

0.1835 ARS

YEARLY LOW

0.1011 ARS

YEARLY AVERAGE

0.1337 ARS

2019 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.1835. Conversely, the yearly low was recorded on January 12, dropping to 0.1011.

This high-to-low spread represents a total annual volatility of 0.0824 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1028 to the December average rate of 0.1649, the exchange rate registered a net change of 60.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1835 was up 61.33% compared to the 2018 peak of 0.1137, 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 183,476 ARS

2018 Average 77,702 ARS

Yearly Trough Low 101,107 ARS

Transaction Impact: A difference of 82,368.86 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1711

0.0966

JanuMarcMayJulySeptNove

NGN to ARS 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 0.1157, compared to 0.1518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0361 points.

H1 Avg (Jan–Jun) 0.1157

H2 Avg (Jul–Dec) 0.1518

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0604 ARS (High: 0.1835 / Low: 0.1230). On the other end, December was the most stable month, with a tight range of 0.0011 ARS (High: 0.1655 / Low: 0.1644).

August Spread (Volatile) ±0.0604

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0087 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1455) against the same month in 2018 (average: 0.0827), the exchange rate shifted by +0.0628 (+75.90%).

2019 Avg (August) 0.1455

2018 Avg (August) 0.0827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1043	0.1011	0.1028
February	0.1095	0.1029	0.1061
March	0.1216	0.1101	0.1146
April	0.1271	0.1156	0.1196
May	0.1259	0.1234	0.1245
June	0.1466	0.1176	0.1264
July	0.1218	0.1153	0.1177
August	0.1835	0.1230	0.1455
September	0.1639	0.1523	0.1565
October	0.1658	0.1587	0.1616
November	0.1655	0.1640	0.1647
December	0.1655	0.1644	0.1649