YEARLY HIGH
0.0216 GTQ
YEARLY LOW
0.0197 GTQ
YEARLY AVERAGE
0.0203 GTQ

2020 NGN to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0216. Conversely, the yearly low was recorded on May 27, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0019 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0213 to the December average rate of 0.0203, the exchange rate registered a net change of -4.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0216 was down 14.49% compared to the 2019 peak of 0.0252, 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 21,577 GTQ
2019 Average 21,397 GTQ
Yearly Trough Low 19,684 GTQ
Transaction Impact: A difference of 1,892.40 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0214
0.0196
JanuMarcMayJulySeptNove

NGN to GTQ 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 0.0204, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0019 GTQ (High: 0.0216 / Low: 0.0197). On the other end, July was the most stable month, with a tight range of 0.0001 GTQ (High: 0.0199 / Low: 0.0198).

March Spread (Volatile) ±0.0019
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 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 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0207) against the same month in 2019 (average: 0.0214), the exchange rate shifted by -0.0006 (-2.86%).

2020 Avg (March) 0.0207
2019 Avg (March) 0.0214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0211 0.0213
February 0.0212 0.0209 0.0210
March 0.0216 0.0197 0.0207
April 0.0210 0.0198 0.0200
May 0.0199 0.0197 0.0198
June 0.0200 0.0198 0.0199
July 0.0199 0.0198 0.0199
August 0.0203 0.0199 0.0200
September 0.0204 0.0200 0.0202
October 0.0205 0.0202 0.0204
November 0.0205 0.0203 0.0204
December 0.0206 0.0198 0.0203