YEARLY HIGH
0.1673 DOP
YEARLY LOW
0.1372 DOP
YEARLY AVERAGE
0.1427 DOP

2019 NGN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.1673. Conversely, the yearly low was recorded on January 10, dropping to 0.1372.

This high-to-low spread represents a total annual volatility of 0.0301 DOP. From a start-to-finish perspective, comparing the January average rate of 0.1389 to the December average rate of 0.1463, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1673 was up 20.14% compared to the 2018 peak of 0.1393, 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 167,298 DOP
2018 Average 137,265 DOP
Yearly Trough Low 137,199 DOP
Transaction Impact: A difference of 30,098.47 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1479
0.1381
JanuMarcMayJulySeptNove

NGN to DOP 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 0.1414, compared to 0.1440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1414
H2 Avg (Jul–Dec) 0.1440

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0286 DOP (High: 0.1673 / Low: 0.1387). On the other end, February was the most stable month, with a tight range of 0.0007 DOP (High: 0.1402 / Low: 0.1395).

August Spread (Volatile) ±0.0286
February Spread (Stable) ±0.0007

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 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1427) against the same month in 2018 (average: 0.1380), the exchange rate shifted by +0.0047 (+3.37%).

2019 Avg (August) 0.1427
2018 Avg (August) 0.1380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1399 0.1372 0.1389
February 0.1402 0.1395 0.1399
March 0.1412 0.1400 0.1407
April 0.1421 0.1403 0.1407
May 0.1472 0.1399 0.1407
June 0.1668 0.1395 0.1471
July 0.1422 0.1403 0.1413
August 0.1673 0.1387 0.1427
September 0.1442 0.1411 0.1424
October 0.1467 0.1437 0.1456
November 0.1462 0.1454 0.1458
December 0.1468 0.1456 0.1463