NGN to ETB Historical Rates

Analyze long-term market trends and access daily historical data for the NGN/ETB pair.

10-YEAR HIGH
0.5505 ETB
10-YEAR LOW
0.0348 ETB
10-YEAR AVERAGE
0.0887 ETB

10-Year NGN to ETB Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the NGN to ETB exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on December 27, 2021, when the pair was valued at 0.5505. Conversely, the absolute lowest rate of the decade was recorded on July 26, 2024, dropping to a support floor of 0.0348.

This peak-to-trough range represents a total macro spread of 0.5156 ETB. From a long-term perspective, comparing the decade's oldest annual average of 0.0704 (in 2016) to the newest annual average of 0.1144 (in 2026), the exchange rate registered a net shift of +62.35%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.0951, showing a variance of 0.0128 points compared to the older 5-year average of 0.0824.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 1,000,000 NGN over the decade:

Decade Peak High 550,472 ETB
10-Year Average 88,698 ETB
Decade Trough Low 34,825 ETB
Macro Timing Impact: A difference of 515,646.65 ETB purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

0.1353
0.0265
201620182020202220242026

NGN to ETB Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 0.0824, compared to 0.0951 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.0128 points.

Older 5 Yrs Avg 0.0824
Recent 5 Yrs Avg 0.0951

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2021, with a trading range of 0.4527 ETB (High: 0.5505 / Low: 0.0978). Conversely, 2018 was the most stable year, with a range of 0.0025 ETB (High: 0.0782 / Low: 0.0757).

2021 Spread (Volatile) ±0.4527
2018 Spread (Stable) ±0.0025

Decade Growth & Declines

Macro Trends

Between 2016 and 2022, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 6 straight years. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 0.0365 points.

Longest Streak 6 Yrs.
Sharpest YoY Drop -0.0365

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.0704) against the newest annual average (2026: 0.1144), the exchange rate shifted by +0.0439 (+62.35%).

2016 Baseline Avg 0.0704
2026 Current Avg 0.1144

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 0.1181
2026-07-29 0.1174
2026-07-28 0.1172
2026-07-27 0.1180
2026-07-26 0.1180
2026-07-25 0.1180
2026-07-24 0.1180
2026-07-23 0.1177
2026-07-22 0.1173
2026-07-21 0.1170
2026-07-20 0.1169
2026-07-19 0.1170
2026-07-18 0.1170
2026-07-17 0.1170
2026-07-16 0.1165
2026-07-15 0.1165
2026-07-14 0.1165
2026-07-13 0.1165
2026-07-12 0.1164
2026-07-11 0.1157
2026-07-10 0.1165
2026-07-09 0.1169
2026-07-08 0.1170
2026-07-07 0.1171
2026-07-06 0.1174
2026-07-05 0.1171
2026-07-04 0.1171
2026-07-03 0.1173
2026-07-02 0.1171
2026-07-01 0.1161
2026-06-30 0.1163

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