2022 NGN to ILS Historical Review

YEARLY HIGH

0.0085 ILS

YEARLY LOW

0.0075 ILS

YEARLY AVERAGE

0.0079 ILS

2022 NGN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.0085. Conversely, the yearly low was recorded on January 4, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0010 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0078, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0085 was down 3.05% compared to the 2021 peak of 0.0088, 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 8,505 ILS

2021 Average 8,021 ILS

Yearly Trough Low 7,476 ILS

Transaction Impact: A difference of 1,028.20 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0083

0.0075

JanuMarcMayJulySeptNove

NGN to ILS 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 0.0079, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0079

H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0004 ILS (High: 0.0084 / Low: 0.0080). On the other end, February was the most stable month, with a tight range of 0.0002 ILS (High: 0.0079 / Low: 0.0076).

June Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0083) against the same month in 2021 (average: 0.0080), the exchange rate shifted by +0.0003 (+3.91%).

2022 Avg (July) 0.0083

2021 Avg (July) 0.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0077	0.0075	0.0076
February	0.0079	0.0076	0.0077
March	0.0079	0.0076	0.0078
April	0.0080	0.0077	0.0078
May	0.0083	0.0080	0.0081
June	0.0084	0.0080	0.0082
July	0.0085	0.0081	0.0083
August	0.0081	0.0077	0.0078
September	0.0082	0.0079	0.0080
October	0.0082	0.0080	0.0081
November	0.0082	0.0077	0.0079
December	0.0079	0.0076	0.0078