2019 NGN to GMD Historical Review

YEARLY HIGH

0.1645 GMD

YEARLY LOW

0.1355 GMD

YEARLY AVERAGE

0.1392 GMD

2019 NGN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.1645. Conversely, the yearly low was recorded on January 2, dropping to 0.1355.

This high-to-low spread represents a total annual volatility of 0.0290 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1362 to the December average rate of 0.1416, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1645 was up 19.86% compared to the 2018 peak of 0.1373, 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 164,529 GMD

2018 Average 133,109 GMD

Yearly Trough Low 135,528 GMD

Transaction Impact: A difference of 29,001.17 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1439

0.1355

JanuMarcMayJulySeptNove

NGN to GMD 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 0.1383, compared to 0.1401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1383

H2 Avg (Jul–Dec) 0.1401

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0268 GMD (High: 0.1645 / Low: 0.1377). On the other end, February was the most stable month, with a tight range of 0.0008 GMD (High: 0.1373 / Low: 0.1366).

August Spread (Volatile) ±0.0268

February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0049 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1400) against the same month in 2018 (average: 0.1332), the exchange rate shifted by +0.0067 (+5.03%).

2019 Avg (August) 0.1400

2018 Avg (August) 0.1332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1369	0.1355	0.1362
February	0.1373	0.1366	0.1371
March	0.1384	0.1370	0.1378
April	0.1384	0.1369	0.1377
May	0.1383	0.1373	0.1378
June	0.1608	0.1369	0.1432
July	0.1391	0.1372	0.1383
August	0.1645	0.1377	0.1400
September	0.1406	0.1383	0.1393
October	0.1419	0.1390	0.1403
November	0.1418	0.1403	0.1413
December	0.1420	0.1411	0.1416