2020 NGN to ARS Historical Review

YEARLY HIGH

0.2201 ARS

YEARLY LOW

0.1637 ARS

YEARLY AVERAGE

0.1854 ARS

2020 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2201. Conversely, the yearly low was recorded on January 1, dropping to 0.1637.

This high-to-low spread represents a total annual volatility of 0.0564 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1654 to the December average rate of 0.2151, the exchange rate registered a net change of 30.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2201 was up 19.94% compared to the 2019 peak of 0.1835, 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 220,056 ARS

2019 Average 133,884 ARS

Yearly Trough Low 163,684 ARS

Transaction Impact: A difference of 56,371.71 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2201

0.1604

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 0.1712, compared to 0.1995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.1712

H2 Avg (Jul–Dec) 0.1995

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0114 ARS (High: 0.1757 / Low: 0.1643). On the other end, January was the most stable month, with a tight range of 0.0028 ARS (High: 0.1665 / Low: 0.1637).

March Spread (Volatile) ±0.0114

January Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2151) against the same month in 2019 (average: 0.1649), the exchange rate shifted by +0.0502 (+30.43%).

2020 Avg (December) 0.2151

2019 Avg (December) 0.1649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1665	0.1637	0.1654
February	0.1703	0.1661	0.1683
March	0.1757	0.1643	0.1703
April	0.1768	0.1657	0.1703
May	0.1767	0.1692	0.1736
June	0.1818	0.1772	0.1794
July	0.1865	0.1818	0.1841
August	0.1924	0.1865	0.1901
September	0.1992	0.1920	0.1959
October	0.2059	0.1997	0.2029
November	0.2129	0.2051	0.2091
December	0.2201	0.2098	0.2151