YEARLY HIGH
0.5092 GYD
YEARLY LOW
0.4662 GYD
YEARLY AVERAGE
0.4943 GYD

2022 NGN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.5092. Conversely, the yearly low was recorded on December 19, dropping to 0.4662.

This high-to-low spread represents a total annual volatility of 0.0430 GYD. From a start-to-finish perspective, comparing the January average rate of 0.5055 to the December average rate of 0.4700, the exchange rate registered a net change of -7.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5092 was down 7.71% compared to the 2021 peak of 0.5517, 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 509,193 GYD
2021 Average 519,014 GYD
Yearly Trough Low 466,168 GYD
Transaction Impact: A difference of 43,024.84 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5091
0.4664
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 0.5037, compared to 0.4848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.5037
H2 Avg (Jul–Dec) 0.4848

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0157 GYD (High: 0.4972 / Low: 0.4815). On the other end, May was the most stable month, with a tight range of 0.0011 GYD (High: 0.5044 / Low: 0.5033).

September Spread (Volatile) ±0.0157
May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.5039) against the same month in 2021 (average: 0.5359), the exchange rate shifted by -0.0320 (-5.97%).

2022 Avg (April) 0.5039
2021 Avg (April) 0.5359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5084 0.5031 0.5055
February 0.5036 0.5013 0.5026
March 0.5039 0.5022 0.5029
April 0.5092 0.5023 0.5039
May 0.5044 0.5033 0.5039
June 0.5079 0.4984 0.5034
July 0.5049 0.4914 0.4996
August 0.5047 0.4910 0.4975
September 0.4972 0.4815 0.4882
October 0.4851 0.4737 0.4802
November 0.4765 0.4711 0.4734
December 0.4720 0.4662 0.4700