2020 NGN to AUD Historical Review

YEARLY HIGH

0.0047 AUD

YEARLY LOW

0.0033 AUD

YEARLY AVERAGE

0.0038 AUD

2020 NGN to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0047. Conversely, the yearly low was recorded on December 26, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0014 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0035, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0047 was down 1.62% compared to the 2019 peak of 0.0048, 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 4,749 AUD

2019 Average 3,998 AUD

Yearly Trough Low 3,332 AUD

Transaction Impact: A difference of 1,417.07 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0044

0.0034

JanuMarcMayJulySeptNove

NGN to AUD 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 0.0041, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0041

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 AUD (High: 0.0047 / Low: 0.0041). On the other end, June was the most stable month, with a tight range of 0.0001 AUD (High: 0.0038 / Low: 0.0037).

March Spread (Volatile) ±0.0006

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0043) against the same month in 2019 (average: 0.0039), the exchange rate shifted by +0.0004 (+10.93%).

2020 Avg (March) 0.0043

2019 Avg (March) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0041	0.0039	0.0040
February	0.0042	0.0041	0.0041
March	0.0047	0.0041	0.0043
April	0.0045	0.0039	0.0041
May	0.0040	0.0039	0.0039
June	0.0038	0.0037	0.0037
July	0.0037	0.0036	0.0037
August	0.0037	0.0035	0.0036
September	0.0037	0.0035	0.0036
October	0.0037	0.0036	0.0037
November	0.0038	0.0035	0.0036
December	0.0036	0.0033	0.0035