2022 NGN to COP Historical Review

YEARLY HIGH

11.5086 COP

YEARLY LOW

8.9604 COP

YEARLY AVERAGE

10.0308 COP

2022 NGN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 11.5086. Conversely, the yearly low was recorded on April 5, dropping to 8.9604.

This high-to-low spread represents a total annual volatility of 2.5481 COP. From a start-to-finish perspective, comparing the January average rate of 9.6692 to the December average rate of 10.7537, the exchange rate registered a net change of 11.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.5086 was up 14.28% compared to the 2021 peak of 10.0708, 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 11,508,568 COP

2021 Average 9,282,951 COP

Yearly Trough Low 8,960,428 COP

Transaction Impact: A difference of 2,548,140.31 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.3430

8.9431

JanuMarcMayJulySeptNove

NGN to COP 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 9.4279, compared to 10.6336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2057 points.

H1 Avg (Jan–Jun) 9.4279

H2 Avg (Jul–Dec) 10.6336

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 1.1534 COP (High: 11.1673 / Low: 10.0139). On the other end, February was the most stable month, with a tight range of 0.1998 COP (High: 9.5360 / Low: 9.3362).

July Spread (Volatile) ±1.1534

February Spread (Stable) ±0.1998

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.3893 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 11.1430) against the same month in 2021 (average: 9.4968), the exchange rate shifted by +1.6462 (+17.33%).

2022 Avg (November) 11.1430

2021 Avg (November) 9.4968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9308	9.4590	9.6692
February	9.5360	9.3362	9.4660
March	9.5022	8.9809	9.1489
April	9.6148	8.9604	9.1431
May	9.9000	9.1196	9.6928
June	10.0095	9.0939	9.4475
July	11.1673	10.0139	10.4607
August	10.4944	9.8021	10.2907
September	10.6956	10.0463	10.3596
October	11.3708	10.3291	10.7940
November	11.5086	10.7719	11.1430
December	10.9458	10.5998	10.7537