2019 NGN to DJF Historical Review

YEARLY HIGH

0.5811 DJF

YEARLY LOW

0.4080 DJF

YEARLY AVERAGE

0.4946 DJF

2019 NGN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.5811. Conversely, the yearly low was recorded on January 22, dropping to 0.4080.

This high-to-low spread represents a total annual volatility of 0.1731 DJF. From a start-to-finish perspective, comparing the January average rate of 0.4872 to the December average rate of 0.4909, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5811 was up 16.59% compared to the 2018 peak of 0.4984, 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 581,084 DJF

2018 Average 492,224 DJF

Yearly Trough Low 407,983 DJF

Transaction Impact: A difference of 173,101.23 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5172

0.4845

JanuMarcMayJulySeptNove

NGN to DJF 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 0.4962, compared to 0.4929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.4962

H2 Avg (Jul–Dec) 0.4929

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0916 DJF (High: 0.5809 / Low: 0.4893). On the other end, November was the most stable month, with a tight range of 0.0021 DJF (High: 0.4925 / Low: 0.4904).

August Spread (Volatile) ±0.0916

November Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, 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 0.0205 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.5144) against the same month in 2018 (average: 0.4941), the exchange rate shifted by +0.0203 (+4.11%).

2019 Avg (June) 0.5144

2018 Avg (June) 0.4941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4922	0.4080	0.4872
February	0.4933	0.4905	0.4925
March	0.4960	0.4921	0.4943
April	0.4963	0.4925	0.4944
May	0.4953	0.4923	0.4942
June	0.5811	0.4927	0.5144
July	0.4953	0.4915	0.4939
August	0.5809	0.4893	0.4968
September	0.4961	0.4905	0.4924
October	0.4931	0.4902	0.4921
November	0.4925	0.4904	0.4915
December	0.4925	0.4898	0.4909