2020 NGN to JPY Historical Review

YEARLY HIGH

0.3073 JPY

YEARLY LOW

0.2621 JPY

YEARLY AVERAGE

0.2810 JPY

2020 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.3073. Conversely, the yearly low was recorded on December 26, dropping to 0.2621.

This high-to-low spread represents a total annual volatility of 0.0452 JPY. From a start-to-finish perspective, comparing the January average rate of 0.3015 to the December average rate of 0.2703, the exchange rate registered a net change of -10.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3073 was down 13.13% compared to the 2019 peak of 0.3537, 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 307,252 JPY

2019 Average 302,938 JPY

Yearly Trough Low 262,074 JPY

Transaction Impact: A difference of 45,178.18 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3051

0.2672

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 0.2880, compared to 0.2741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.2880

H2 Avg (Jul–Dec) 0.2741

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0298 JPY (High: 0.3044 / Low: 0.2746). On the other end, October was the most stable month, with a tight range of 0.0026 JPY (High: 0.2767 / Low: 0.2741).

March Spread (Volatile) ±0.0298

October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0114 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.3019) against the same month in 2019 (average: 0.3053), the exchange rate shifted by -0.0034 (-1.10%).

2020 Avg (February) 0.3019

2019 Avg (February) 0.3053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3050	0.2970	0.3015
February	0.3073	0.2957	0.3019
March	0.3044	0.2746	0.2905
April	0.2962	0.2736	0.2803
May	0.2784	0.2723	0.2756
June	0.2828	0.2748	0.2779
July	0.2776	0.2698	0.2754
August	0.2799	0.2719	0.2752
September	0.2786	0.2718	0.2753
October	0.2767	0.2741	0.2754
November	0.2770	0.2698	0.2731
December	0.2742	0.2621	0.2703