2020 NGN to INR Historical Review

YEARLY HIGH

0.2083 INR

YEARLY LOW

0.1863 INR

YEARLY AVERAGE

0.1950 INR

2020 NGN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.2083. Conversely, the yearly low was recorded on December 26, dropping to 0.1863.

This high-to-low spread represents a total annual volatility of 0.0220 INR. From a start-to-finish perspective, comparing the January average rate of 0.1967 to the December average rate of 0.1919, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2083 was down 11.37% compared to the 2019 peak of 0.2350, 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 208,298 INR

2019 Average 195,663 INR

Yearly Trough Low 186,260 INR

Transaction Impact: A difference of 22,038.06 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2020

0.1907

JanuMarcMayJulySeptNove

NGN to INR 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 0.1971, compared to 0.1929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1971

H2 Avg (Jul–Dec) 0.1929

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0159 INR (High: 0.2083 / Low: 0.1924). On the other end, July was the most stable month, with a tight range of 0.0023 INR (High: 0.1945 / Low: 0.1923).

March Spread (Volatile) ±0.0159

July Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2011) against the same month in 2019 (average: 0.1932), the exchange rate shifted by +0.0079 (+4.07%).

2020 Avg (March) 0.2011

2019 Avg (March) 0.1932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1985	0.1946	0.1967
February	0.1982	0.1953	0.1966
March	0.2083	0.1924	0.2011
April	0.2077	0.1932	0.1981
May	0.1961	0.1933	0.1946
June	0.1975	0.1939	0.1956
July	0.1945	0.1923	0.1932
August	0.1982	0.1887	0.1936
September	0.1937	0.1891	0.1916
October	0.1961	0.1899	0.1926
November	0.1962	0.1931	0.1943
December	0.1946	0.1863	0.1919