2020 NGN to IDR Historical Review

YEARLY HIGH

44.9180 IDR

YEARLY LOW

35.7130 IDR

YEARLY AVERAGE

38.2512 IDR

2020 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 44.9180. Conversely, the yearly low was recorded on December 26, dropping to 35.7130.

This high-to-low spread represents a total annual volatility of 9.2050 IDR. From a start-to-finish perspective, comparing the January average rate of 37.8736 to the December average rate of 36.7751, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 44.9180 was down 3.65% compared to the 2019 peak of 46.6194, 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 44,917,994 IDR

2019 Average 39,288,382 IDR

Yearly Trough Low 35,712,986 IDR

Transaction Impact: A difference of 9,205,007.44 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41.3772

36.2287

JanuMarcMayJulySeptNove

NGN to IDR 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 38.7195, compared to 37.7830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9365 points.

H1 Avg (Jan–Jun) 38.7195

H2 Avg (Jul–Dec) 37.7830

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.7587 IDR (High: 44.9180 / Low: 38.1593). On the other end, October was the most stable month, with a tight range of 0.8061 IDR (High: 38.8662 / Low: 38.0601).

March Spread (Volatile) ±6.7587

October Spread (Stable) ±0.8061

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 2.7964 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7964

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 40.9162) against the same month in 2019 (average: 39.4818), the exchange rate shifted by +1.4344 (+3.63%).

2020 Avg (March) 40.9162

2019 Avg (March) 39.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.5621	36.4468	37.8736
February	38.3098	37.4709	37.7695
March	44.9180	38.1593	40.9162
April	44.6419	38.8455	40.9482
May	39.5705	37.5573	38.1518
June	37.7278	36.0163	36.6577
July	38.1843	36.7524	37.4696
August	38.8750	37.5128	38.1347
September	39.4101	37.9138	38.6503
October	38.8662	38.0601	38.4873
November	38.4663	36.6583	37.1809
December	37.3642	35.7130	36.7751