YEARLY HIGH
0.6867 GYD
YEARLY LOW
0.5680 GYD
YEARLY AVERAGE
0.5806 GYD

2019 NGN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.6867. Conversely, the yearly low was recorded on August 25, dropping to 0.5680.

This high-to-low spread represents a total annual volatility of 0.1186 GYD. From a start-to-finish perspective, comparing the January average rate of 0.5750 to the December average rate of 0.5758, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6867 was up 17.73% compared to the 2018 peak of 0.5832, 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 686,654 GYD
2018 Average 576,575 GYD
Yearly Trough Low 568,023 GYD
Transaction Impact: A difference of 118,630.84 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6071
0.5721
JanuMarcMayJulySeptNove

NGN to GYD 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 0.5833, compared to 0.5780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.5833
H2 Avg (Jul–Dec) 0.5780

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1148 GYD (High: 0.6828 / Low: 0.5680). On the other end, November was the most stable month, with a tight range of 0.0032 GYD (High: 0.5782 / Low: 0.5749).

August Spread (Volatile) ±0.1148
November Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and April, 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 0.0246 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.6042) against the same month in 2018 (average: 0.5797), the exchange rate shifted by +0.0245 (+4.23%).

2019 Avg (June) 0.6042
2018 Avg (June) 0.5797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5781 0.5711 0.5750
February 0.5799 0.5751 0.5781
March 0.5821 0.5774 0.5797
April 0.5850 0.5773 0.5817
May 0.5848 0.5764 0.5812
June 0.6867 0.5773 0.6042
July 0.5812 0.5767 0.5796
August 0.6828 0.5680 0.5818
September 0.5817 0.5751 0.5773
October 0.5785 0.5749 0.5769
November 0.5782 0.5749 0.5764
December 0.5785 0.5726 0.5758