2022 NGN to CAD Historical Review

YEARLY HIGH

0.0032 CAD

YEARLY LOW

0.0030 CAD

YEARLY AVERAGE

0.0031 CAD

2022 NGN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0032. Conversely, the yearly low was recorded on March 26, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0002 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0031, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0032 was down 4.94% compared to the 2021 peak of 0.0034, 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 3,199 CAD

2021 Average 3,111 CAD

Yearly Trough Low 2,994 CAD

Transaction Impact: A difference of 204.34 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0032

0.0030

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 0.0031, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0031

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 CAD (High: 0.0032 / Low: 0.0030). On the other end, February was the most stable month, with a tight range of 0.0000 CAD (High: 0.0031 / Low: 0.0030).

September Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, 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 (September 2022: 0.0031) against the same month in 2021 (average: 0.0031), the exchange rate shifted by +0.0000 (+0.96%).

2022 Avg (September) 0.0031

2021 Avg (September) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0031	0.0030	0.0031
February	0.0031	0.0030	0.0031
March	0.0031	0.0030	0.0030
April	0.0031	0.0030	0.0030
May	0.0031	0.0030	0.0031
June	0.0031	0.0030	0.0031
July	0.0031	0.0030	0.0031
August	0.0031	0.0030	0.0031
September	0.0032	0.0030	0.0031
October	0.0032	0.0031	0.0031
November	0.0031	0.0030	0.0030
December	0.0031	0.0030	0.0031