2022 NGN to AZN Historical Review

YEARLY HIGH

0.0041 AZN

YEARLY LOW

0.0038 AZN

YEARLY AVERAGE

0.0040 AZN

2022 NGN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0041. Conversely, the yearly low was recorded on December 19, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0003 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0038, the exchange rate registered a net change of -7.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0041 was down 7.70% compared to the 2021 peak of 0.0045, 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 4,137 AZN

2021 Average 4,220 AZN

Yearly Trough Low 3,788 AZN

Transaction Impact: A difference of 348.98 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0041

0.0038

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 0.0041, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0041

H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0001 AZN (High: 0.0040 / Low: 0.0039). On the other end, May was the most stable month, with a tight range of 0.0000 AZN (High: 0.0041 / Low: 0.0041).

September Spread (Volatile) ±0.0001

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0041) against the same month in 2021 (average: 0.0044), the exchange rate shifted by -0.0003 (-6.34%).

2022 Avg (January) 0.0041

2021 Avg (January) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0041	0.0041	0.0041
February	0.0041	0.0041	0.0041
March	0.0041	0.0041	0.0041
April	0.0041	0.0041	0.0041
May	0.0041	0.0041	0.0041
June	0.0041	0.0041	0.0041
July	0.0041	0.0040	0.0041
August	0.0041	0.0040	0.0040
September	0.0040	0.0039	0.0040
October	0.0039	0.0039	0.0039
November	0.0039	0.0038	0.0039
December	0.0038	0.0038	0.0038