2019 NGN to CVE Historical Review

YEARLY HIGH

0.3252 CVE

YEARLY LOW

0.2629 CVE

YEARLY AVERAGE

0.2746 CVE

2019 NGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.3252. Conversely, the yearly low was recorded on January 10, dropping to 0.2629.

This high-to-low spread represents a total annual volatility of 0.0622 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2664 to the December average rate of 0.2750, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3252 was up 20.17% compared to the 2018 peak of 0.2706, 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 325,175 CVE

2018 Average 259,385 CVE

Yearly Trough Low 262,943 CVE

Transaction Impact: A difference of 62,232.33 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2852

0.2647

JanuMarcMayJulySeptNove

NGN to CVE 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 0.2732, compared to 0.2760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.2732

H2 Avg (Jul–Dec) 0.2760

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0549 CVE (High: 0.3252 / Low: 0.2703). On the other end, May was the most stable month, with a tight range of 0.0033 CVE (High: 0.2762 / Low: 0.2729).

August Spread (Volatile) ±0.0549

May Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0104 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.2770) against the same month in 2018 (average: 0.2653), the exchange rate shifted by +0.0117 (+4.40%).

2019 Avg (August) 0.2770

2018 Avg (August) 0.2653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2694	0.2629	0.2664
February	0.2715	0.2670	0.2694
March	0.2738	0.2688	0.2716
April	0.2769	0.2712	0.2735
May	0.2762	0.2729	0.2746
June	0.3223	0.2699	0.2835
July	0.2766	0.2695	0.2731
August	0.3252	0.2703	0.2770
September	0.2798	0.2757	0.2775
October	0.2791	0.2744	0.2767
November	0.2791	0.2745	0.2765
December	0.2789	0.2715	0.2750