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NGN to GMD Historical Rates

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

10-YEAR HIGH
0.1645 GMD
10-YEAR LOW
0.0408 GMD
10-YEAR AVERAGE
0.1096 GMD

10-Year NGN to GMD Performance & Macro Timing Review

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

Over the last 10 years, the NGN to GMD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on August 26, 2019, when the pair was valued at 0.1645. Conversely, the absolute lowest rate of the decade was recorded on July 28, 2024, dropping to a support floor of 0.0408.

This peak-to-trough range represents a total macro spread of 0.1237 GMD. From a long-term perspective, comparing the decade's oldest annual average of 0.1354 (in 2016) to the newest annual average of 0.0533 (in 2026), the exchange rate registered a net shift of -60.64%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.0835, showing a variance of 0.0520 points compared to the older 5-year average of 0.1355.

10-Year Payout Timing Comparison

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

Decade Peak High 164,529 GMD
10-Year Average 109,647 GMD
Decade Trough Low 40,822 GMD
Macro Timing Impact: A difference of 123,707.76 GMD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

0.1580
0.0313
201620182020202220242026

NGN to GMD 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 0.1355, compared to 0.0835 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0520 points.

Older 5 Yrs Avg 0.1355
Recent 5 Yrs Avg 0.0835

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2023, with a trading range of 0.0662 GMD (High: 0.1385 / Low: 0.0723). Conversely, 2026 was the most stable year, with a range of 0.0041 GMD (High: 0.0552 / Low: 0.0512).

2023 Spread (Volatile) ±0.0662
2026 Spread (Stable) ±0.0041

Decade Growth & Declines

Macro Trends

No sustained consecutive year-over-year average growth streak of 2+ years occurred in the last decade. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 0.0564 points.

Longest Streak 1 Yrs.
Sharpest YoY Drop -0.0564

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.1354) against the newest annual average (2026: 0.0533), the exchange rate shifted by -0.0821 (-60.64%).

2016 Baseline Avg 0.1354
2026 Current Avg 0.0533

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 0.0543
2026-07-28 0.0541
2026-07-27 0.0542
2026-07-26 0.0541
2026-07-25 0.0541
2026-07-24 0.0540
2026-07-23 0.0536
2026-07-22 0.0531
2026-07-21 0.0532
2026-07-20 0.0536
2026-07-19 0.0537
2026-07-18 0.0537
2026-07-17 0.0536
2026-07-16 0.0535
2026-07-15 0.0533
2026-07-14 0.0529
2026-07-13 0.0532
2026-07-12 0.0533
2026-07-11 0.0533
2026-07-10 0.0531
2026-07-09 0.0533
2026-07-08 0.0535
2026-07-07 0.0537
2026-07-06 0.0533
2026-07-05 0.0530
2026-07-04 0.0529
2026-07-03 0.0529
2026-07-02 0.0533
2026-07-01 0.0533
2026-06-30 0.0532

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