2020 NGN to CAD Historical Review

YEARLY HIGH

0.0040 CAD

YEARLY LOW

0.0033 CAD

YEARLY AVERAGE

0.0035 CAD

2020 NGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0040. Conversely, the yearly low was recorded on December 26, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0007 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0033, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0040 was down 9.67% compared to the 2019 peak of 0.0044, 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 3,956 CAD

2019 Average 3,688 CAD

Yearly Trough Low 3,260 CAD

Transaction Impact: A difference of 696.30 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0038

0.0033

JanuMarcMayJulySeptNove

NGN to CAD 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 0.0036, compared to 0.0034 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) 0.0036

H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0004 CAD (High: 0.0040 / Low: 0.0036). On the other end, February was the most stable month, with a tight range of 0.0000 CAD (High: 0.0037 / Low: 0.0036).

March Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0038) against the same month in 2019 (average: 0.0037), the exchange rate shifted by +0.0000 (+1.31%).

2020 Avg (March) 0.0038

2019 Avg (March) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0035	0.0036
February	0.0037	0.0036	0.0036
March	0.0040	0.0036	0.0038
April	0.0039	0.0036	0.0037
May	0.0037	0.0035	0.0036
June	0.0035	0.0035	0.0035
July	0.0035	0.0034	0.0035
August	0.0035	0.0034	0.0034
September	0.0035	0.0034	0.0034
October	0.0035	0.0034	0.0035
November	0.0035	0.0034	0.0034
December	0.0034	0.0033	0.0033