2020 NGN to GYD Historical Review

YEARLY HIGH

0.5789 GYD

YEARLY LOW

0.5300 GYD

YEARLY AVERAGE

0.5502 GYD

2020 NGN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.5789. Conversely, the yearly low was recorded on December 26, dropping to 0.5300.

This high-to-low spread represents a total annual volatility of 0.0489 GYD. From a start-to-finish perspective, comparing the January average rate of 0.5766 to the December average rate of 0.5453, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5789 was down 15.70% compared to the 2019 peak of 0.6867, 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 578,870 GYD

2019 Average 580,621 GYD

Yearly Trough Low 529,994 GYD

Transaction Impact: A difference of 48,875.70 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5805

0.5335

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 0.5557, compared to 0.5446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.5557

H2 Avg (Jul–Dec) 0.5446

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0407 GYD (High: 0.5753 / Low: 0.5347). On the other end, June was the most stable month, with a tight range of 0.0029 GYD (High: 0.5414 / Low: 0.5385).

March Spread (Volatile) ±0.0407

June Spread (Stable) ±0.0029

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 0.0205 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.5766) against the same month in 2019 (average: 0.5750), the exchange rate shifted by +0.0015 (+0.27%).

2020 Avg (January) 0.5766

2019 Avg (January) 0.5750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5789	0.5727	0.5766
February	0.5761	0.5692	0.5737
March	0.5753	0.5347	0.5637
April	0.5696	0.5361	0.5433
May	0.5411	0.5348	0.5374
June	0.5414	0.5385	0.5398
July	0.5407	0.5375	0.5395
August	0.5521	0.5389	0.5428
September	0.5499	0.5391	0.5449
October	0.5499	0.5422	0.5475
November	0.5502	0.5441	0.5475
December	0.5522	0.5300	0.5453