2019 NGN to GHS Historical Review

YEARLY HIGH

0.0403 GHS

YEARLY LOW

0.0132 GHS

YEARLY AVERAGE

0.0150 GHS

2019 NGN to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.0403. Conversely, the yearly low was recorded on January 5, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0271 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0157, the exchange rate registered a net change of 16.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0403 was up 192.52% compared to the 2018 peak of 0.0138, 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 40,292 GHS

2018 Average 12,963 GHS

Yearly Trough Low 13,239 GHS

Transaction Impact: A difference of 27,053.19 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0159

0.0133

JanuMarcMayJulySeptNove

NGN to GHS 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 0.0147, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0147

H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0260 GHS (High: 0.0403 / Low: 0.0143). On the other end, July was the most stable month, with a tight range of 0.0003 GHS (High: 0.0151 / Low: 0.0148).

May Spread (Volatile) ±0.0260

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0153) against the same month in 2018 (average: 0.0127), the exchange rate shifted by +0.0026 (+20.27%).

2019 Avg (May) 0.0153

2018 Avg (May) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0138	0.0132	0.0135
February	0.0152	0.0138	0.0146
March	0.0157	0.0141	0.0151
April	0.0150	0.0141	0.0144
May	0.0403	0.0143	0.0153
June	0.0176	0.0149	0.0156
July	0.0151	0.0148	0.0150
August	0.0178	0.0148	0.0151
September	0.0153	0.0150	0.0152
October	0.0152	0.0149	0.0151
November	0.0155	0.0152	0.0153
December	0.0159	0.0155	0.0157