YEARLY HIGH
0.3537 JPY
YEARLY LOW
0.2895 JPY
YEARLY AVERAGE
0.3030 JPY

2019 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.3537. Conversely, the yearly low was recorded on August 25, dropping to 0.2895.

This high-to-low spread represents a total annual volatility of 0.0642 JPY. From a start-to-finish perspective, comparing the January average rate of 0.2998 to the December average rate of 0.3010, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3537 was up 12.12% compared to the 2018 peak of 0.3154, 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 353,673 JPY
2018 Average 305,603 JPY
Yearly Trough Low 289,455 JPY
Transaction Impact: A difference of 64,218.52 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3140
0.2945
JanuMarcMayJulySeptNove

NGN to JPY 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 0.3069, compared to 0.2990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.3069
H2 Avg (Jul–Dec) 0.2990

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0563 JPY (High: 0.3458 / Low: 0.2895). On the other end, April was the most stable month, with a tight range of 0.0031 JPY (High: 0.3113 / Low: 0.3082).

August Spread (Volatile) ±0.0563
April Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0121 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.3123) against the same month in 2018 (average: 0.3056), the exchange rate shifted by +0.0067 (+2.20%).

2019 Avg (June) 0.3123
2018 Avg (June) 0.3056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3028 0.2947 0.2998
February 0.3081 0.3032 0.3053
March 0.3109 0.3051 0.3086
April 0.3113 0.3082 0.3102
May 0.3101 0.3008 0.3053
June 0.3537 0.2975 0.3123
July 0.3026 0.2976 0.3003
August 0.3458 0.2895 0.2961
September 0.3000 0.2919 0.2974
October 0.3014 0.2945 0.2989
November 0.3024 0.2989 0.3006
December 0.3026 0.2991 0.3010