YEARLY HIGH
0.0136 BRL
YEARLY LOW
0.0100 BRL
YEARLY AVERAGE
0.0110 BRL

2019 NGN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.0136. Conversely, the yearly low was recorded on January 31, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0035 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0113, the exchange rate registered a net change of 10.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0136 was up 17.10% compared to the 2018 peak of 0.0116, 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 13,558 BRL
2018 Average 10,110 BRL
Yearly Trough Low 10,041 BRL
Transaction Impact: A difference of 3,516.83 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0116
0.0102
JanuMarcMayJulySeptNove

NGN to BRL 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 0.0107, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0029 BRL (High: 0.0136 / Low: 0.0107). On the other end, February was the most stable month, with a tight range of 0.0003 BRL (High: 0.0104 / Low: 0.0101).

August Spread (Volatile) ±0.0029
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0112) against the same month in 2018 (average: 0.0109), the exchange rate shifted by +0.0004 (+3.34%).

2019 Avg (August) 0.0112
2018 Avg (August) 0.0109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0100 0.0103
February 0.0104 0.0101 0.0103
March 0.0111 0.0104 0.0107
April 0.0111 0.0106 0.0108
May 0.0114 0.0109 0.0111
June 0.0127 0.0106 0.0112
July 0.0107 0.0103 0.0105
August 0.0136 0.0107 0.0112
September 0.0115 0.0112 0.0114
October 0.0115 0.0110 0.0113
November 0.0118 0.0110 0.0115
December 0.0117 0.0111 0.0113