2020 NGN to EGP Historical Review

YEARLY HIGH

0.0444 EGP

YEARLY LOW

0.0395 EGP

YEARLY AVERAGE

0.0416 EGP

2020 NGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0444. Conversely, the yearly low was recorded on December 26, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.0049 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0439 to the December average rate of 0.0409, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0444 was down 18.97% compared to the 2019 peak of 0.0548, 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 44,365 EGP

2019 Average 46,730 EGP

Yearly Trough Low 39,461 EGP

Transaction Impact: A difference of 4,904.32 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0442

0.0402

JanuMarcMayJulySeptNove

NGN to EGP 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 0.0421, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0421

H2 Avg (Jul–Dec) 0.0411

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0030 EGP (High: 0.0432 / Low: 0.0402). On the other end, July was the most stable month, with a tight range of 0.0005 EGP (High: 0.0416 / Low: 0.0411).

March Spread (Volatile) ±0.0030

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0439) against the same month in 2019 (average: 0.0492), the exchange rate shifted by -0.0053 (-10.79%).

2020 Avg (January) 0.0439

2019 Avg (January) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0444	0.0435	0.0439
February	0.0436	0.0427	0.0431
March	0.0432	0.0402	0.0423
April	0.0430	0.0404	0.0410
May	0.0409	0.0399	0.0405
June	0.0419	0.0412	0.0417
July	0.0416	0.0411	0.0413
August	0.0422	0.0409	0.0414
September	0.0415	0.0406	0.0411
October	0.0413	0.0407	0.0411
November	0.0413	0.0406	0.0410
December	0.0414	0.0395	0.0409