2022 NGN to JPY Historical Review

YEARLY HIGH

0.3442 JPY

YEARLY LOW

0.2740 JPY

YEARLY AVERAGE

0.3099 JPY

2022 NGN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.3442. Conversely, the yearly low was recorded on January 22, dropping to 0.2740.

This high-to-low spread represents a total annual volatility of 0.0702 JPY. From a start-to-finish perspective, comparing the January average rate of 0.2776 to the December average rate of 0.3026, the exchange rate registered a net change of 9.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3442 was up 18.45% compared to the 2021 peak of 0.2906, 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 344,186 JPY

2021 Average 272,396 JPY

Yearly Trough Low 273,997 JPY

Transaction Impact: A difference of 70,189.31 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3435

0.2709

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 0.2960, compared to 0.3238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.2960

H2 Avg (Jul–Dec) 0.3238

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0289 JPY (High: 0.3383 / Low: 0.3094). On the other end, February was the most stable month, with a tight range of 0.0039 JPY (High: 0.2790 / Low: 0.2751).

November Spread (Volatile) ±0.0289

February Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0186 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.3375) against the same month in 2021 (average: 0.2753), the exchange rate shifted by +0.0622 (+22.58%).

2022 Avg (October) 0.3375

2021 Avg (October) 0.2753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2820	0.2740	0.2776
February	0.2790	0.2751	0.2769
March	0.2974	0.2745	0.2852
April	0.3150	0.2936	0.3039
May	0.3150	0.3052	0.3103
June	0.3293	0.3130	0.3224
July	0.3337	0.3187	0.3257
August	0.3313	0.3114	0.3218
September	0.3398	0.3275	0.3337
October	0.3442	0.3311	0.3375
November	0.3383	0.3094	0.3213
December	0.3100	0.2926	0.3026