YEARLY HIGH
0.9689 HUF
YEARLY LOW
0.7586 HUF
YEARLY AVERAGE
0.8076 HUF

2019 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.9689. Conversely, the yearly low was recorded on January 30, dropping to 0.7586.

This high-to-low spread represents a total annual volatility of 0.2103 HUF. From a start-to-finish perspective, comparing the January average rate of 0.7702 to the December average rate of 0.8212, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9689 was up 22.18% compared to the 2018 peak of 0.7930, 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 968,911 HUF
2018 Average 748,193 HUF
Yearly Trough Low 758,562 HUF
Transaction Impact: A difference of 210,348.68 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8419
0.7637
JanuMarcMayJulySeptNove

NGN to HUF 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 0.7913, compared to 0.8239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.7913
H2 Avg (Jul–Dec) 0.8239

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1743 HUF (High: 0.9689 / Low: 0.7946). On the other end, May was the most stable month, with a tight range of 0.0142 HUF (High: 0.8130 / Low: 0.7988).

August Spread (Volatile) ±0.1743
May Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0199 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.8204) against the same month in 2018 (average: 0.7752), the exchange rate shifted by +0.0452 (+5.84%).

2019 Avg (August) 0.8204
2018 Avg (August) 0.7752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7824 0.7586 0.7702
February 0.7851 0.7674 0.7749
March 0.7952 0.7614 0.7774
April 0.8066 0.7852 0.7943
May 0.8130 0.7988 0.8061
June 0.9340 0.7874 0.8251
July 0.8175 0.7909 0.8052
August 0.9689 0.7946 0.8204
September 0.8500 0.8244 0.8354
October 0.8480 0.8128 0.8279
November 0.8423 0.8114 0.8331
December 0.8387 0.8127 0.8212