YEARLY HIGH
0.1401 DOP
YEARLY LOW
0.1208 DOP
YEARLY AVERAGE
0.1299 DOP

2022 NGN to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.1401. Conversely, the yearly low was recorded on November 5, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0192 DOP. From a start-to-finish perspective, comparing the January average rate of 0.1392 to the December average rate of 0.1243, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1401 was down 8.51% compared to the 2021 peak of 0.1531, 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 140,050 DOP
2021 Average 141,609 DOP
Yearly Trough Low 120,808 DOP
Transaction Impact: A difference of 19,242.56 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1408
0.1214
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 0.1342, compared to 0.1256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.1342
H2 Avg (Jul–Dec) 0.1256

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0067 DOP (High: 0.1388 / Low: 0.1321). On the other end, May was the most stable month, with a tight range of 0.0008 DOP (High: 0.1332 / Low: 0.1324).

February Spread (Volatile) ±0.0067
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0046 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1392) against the same month in 2021 (average: 0.1501), the exchange rate shifted by -0.0109 (-7.24%).

2022 Avg (January) 0.1392
2021 Avg (January) 0.1501

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1401 0.1382 0.1392
February 0.1388 0.1321 0.1366
March 0.1327 0.1309 0.1320
April 0.1335 0.1321 0.1325
May 0.1332 0.1324 0.1328
June 0.1333 0.1305 0.1320
July 0.1319 0.1277 0.1303
August 0.1313 0.1250 0.1280
September 0.1259 0.1226 0.1244
October 0.1243 0.1219 0.1234
November 0.1236 0.1208 0.1230
December 0.1259 0.1230 0.1243