2022 NGN to ARS Historical Review

YEARLY HIGH

0.3966 ARS

YEARLY LOW

0.2493 ARS

YEARLY AVERAGE

0.3071 ARS

2022 NGN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.3966. Conversely, the yearly low was recorded on January 1, dropping to 0.2493.

This high-to-low spread represents a total annual volatility of 0.1473 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2511 to the December average rate of 0.3868, the exchange rate registered a net change of 54.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3966 was up 58.79% compared to the 2021 peak of 0.2497, 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 396,576 ARS

2021 Average 235,635 ARS

Yearly Trough Low 249,278 ARS

Transaction Impact: A difference of 147,298.51 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4004

0.2375

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 0.2702, compared to 0.3441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 0.2702

H2 Avg (Jul–Dec) 0.3441

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0202 ARS (High: 0.3769 / Low: 0.3567). On the other end, January was the most stable month, with a tight range of 0.0036 ARS (High: 0.2529 / Low: 0.2493).

November Spread (Volatile) ±0.0202

January Spread (Stable) ±0.0036

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 2022: 0.3868) against the same month in 2021 (average: 0.2477), the exchange rate shifted by +0.1392 (+56.20%).

2022 Avg (December) 0.3868

2021 Avg (December) 0.2477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2529	0.2493	0.2511
February	0.2593	0.2529	0.2556
March	0.2671	0.2582	0.2629
April	0.2776	0.2665	0.2726
May	0.2895	0.2778	0.2837
June	0.3016	0.2899	0.2950
July	0.3160	0.3007	0.3064
August	0.3299	0.3125	0.3215
September	0.3407	0.3269	0.3337
October	0.3578	0.3406	0.3491
November	0.3769	0.3567	0.3670
December	0.3966	0.3777	0.3868