2022 NGN to IDR Historical Review

YEARLY HIGH

36.1892 IDR

YEARLY LOW

34.2628 IDR

YEARLY AVERAGE

35.0467 IDR

2022 NGN to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 36.1892. Conversely, the yearly low was recorded on February 12, dropping to 34.2628.

This high-to-low spread represents a total annual volatility of 1.9264 IDR. From a start-to-finish perspective, comparing the January average rate of 34.6402 to the December average rate of 34.9584, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 36.1892 was down 5.79% compared to the 2021 peak of 38.4142, 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 36,189,175 IDR

2021 Average 35,500,802 IDR

Yearly Trough Low 34,262,776 IDR

Transaction Impact: A difference of 1,926,398.39 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

35.8789

34.3522

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 34.7884, compared to 35.3051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5167 points.

H1 Avg (Jan–Jun) 34.7884

H2 Avg (Jul–Dec) 35.3051

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 1.3254 IDR (High: 36.0369 / Low: 34.7114). On the other end, February was the most stable month, with a tight range of 0.3926 IDR (High: 34.6554 / Low: 34.2628).

June Spread (Volatile) ±1.3254

February Spread (Stable) ±0.3926

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.5116 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 35.7517) against the same month in 2021 (average: 35.2745), the exchange rate shifted by +0.4772 (+1.35%).

2022 Avg (July) 35.7517

2021 Avg (July) 35.2745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.9795	34.4838	34.6402
February	34.6554	34.2628	34.4975
March	34.6922	34.2745	34.4794
April	34.9783	34.4418	34.6345
May	35.5322	34.7327	35.1235
June	36.0369	34.7114	35.3552
July	36.1892	35.2384	35.7517
August	35.8753	34.8503	35.2401
September	35.3949	34.5626	35.0008
October	35.8055	34.9479	35.4330
November	36.0011	35.0913	35.4466
December	35.3618	34.6090	34.9584