2020 NGN to HUF Historical Review

YEARLY HIGH

0.9225 HUF

YEARLY LOW

0.7492 HUF

YEARLY AVERAGE

0.8102 HUF

2020 NGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.9225. Conversely, the yearly low was recorded on July 30, dropping to 0.7492.

This high-to-low spread represents a total annual volatility of 0.1733 HUF. From a start-to-finish perspective, comparing the January average rate of 0.8306 to the December average rate of 0.7682, the exchange rate registered a net change of -7.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9225 was down 4.79% compared to the 2019 peak of 0.9689, 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 922,506 HUF

2019 Average 807,712 HUF

Yearly Trough Low 749,214 HUF

Transaction Impact: A difference of 173,291.41 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8615

0.7565

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 0.8333, compared to 0.7872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0461 points.

H1 Avg (Jan–Jun) 0.8333

H2 Avg (Jul–Dec) 0.7872

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1121 HUF (High: 0.9164 / Low: 0.8043). On the other end, February was the most stable month, with a tight range of 0.0253 HUF (High: 0.8605 / Low: 0.8352).

March Spread (Volatile) ±0.1121

February Spread (Stable) ±0.0253

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0291 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.8528) against the same month in 2019 (average: 0.7943), the exchange rate shifted by +0.0585 (+7.36%).

2020 Avg (April) 0.8528

2019 Avg (April) 0.7943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8461	0.8057	0.8306
February	0.8605	0.8352	0.8493
March	0.9164	0.8043	0.8430
April	0.9225	0.8261	0.8528
May	0.8474	0.8053	0.8265
June	0.8178	0.7803	0.7974
July	0.8113	0.7492	0.7906
August	0.7793	0.7521	0.7652
September	0.8212	0.7728	0.7971
October	0.8269	0.7852	0.8063
November	0.8277	0.7847	0.7957
December	0.7826	0.7518	0.7682