YEARLY HIGH
0.0056 AZN
YEARLY LOW
0.0047 AZN
YEARLY AVERAGE
0.0047 AZN

2019 NGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.0056. Conversely, the yearly low was recorded on January 9, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0009 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0047, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0056 was up 17.17% compared to the 2018 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 5,556 AZN
2018 Average 4,705 AZN
Yearly Trough Low 4,660 AZN
Transaction Impact: A difference of 896.71 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0049
0.0047
JanuMarcMayJulySeptNove

NGN to AZN 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 0.0047, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0009 AZN (High: 0.0056 / Low: 0.0047). On the other end, November was the most stable month, with a tight range of 0.0000 AZN (High: 0.0047 / Low: 0.0047).

August Spread (Volatile) ±0.0009
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0049) against the same month in 2018 (average: 0.0047), the exchange rate shifted by +0.0002 (+4.12%).

2019 Avg (June) 0.0049
2018 Avg (June) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0047 0.0047
February 0.0047 0.0047 0.0047
March 0.0047 0.0047 0.0047
April 0.0047 0.0047 0.0047
May 0.0047 0.0047 0.0047
June 0.0056 0.0047 0.0049
July 0.0047 0.0047 0.0047
August 0.0056 0.0047 0.0048
September 0.0047 0.0047 0.0047
October 0.0047 0.0047 0.0047
November 0.0047 0.0047 0.0047
December 0.0047 0.0047 0.0047