2019 NGN to CNY Historical Review

YEARLY HIGH

0.0234 CNY

YEARLY LOW

0.0185 CNY

YEARLY AVERAGE

0.0192 CNY

2019 NGN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0234. Conversely, the yearly low was recorded on January 31, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0049 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0193, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0234 was up 21.50% compared to the 2018 peak of 0.0192, 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 23,353 CNY

2018 Average 18,312 CNY

Yearly Trough Low 18,463 CNY

Transaction Impact: A difference of 4,889.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0201

0.0185

JanuMarcMayJulySeptNove

NGN to CNY 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 0.0189, compared to 0.0195 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) 0.0189

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0042 CNY (High: 0.0234 / Low: 0.0192). On the other end, November was the most stable month, with a tight range of 0.0002 CNY (High: 0.0194 / Low: 0.0193).

August Spread (Volatile) ±0.0042

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, 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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0197) against the same month in 2018 (average: 0.0190), the exchange rate shifted by +0.0007 (+3.90%).

2019 Avg (August) 0.0197

2018 Avg (August) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0189	0.0185	0.0187
February	0.0188	0.0185	0.0186
March	0.0187	0.0185	0.0186
April	0.0188	0.0185	0.0187
May	0.0192	0.0186	0.0190
June	0.0226	0.0190	0.0199
July	0.0191	0.0189	0.0191
August	0.0234	0.0192	0.0197
September	0.0198	0.0195	0.0197
October	0.0198	0.0194	0.0196
November	0.0194	0.0193	0.0194
December	0.0195	0.0192	0.0193