2020 NGN to KGS Historical Review

YEARLY HIGH

0.2313 KGS

YEARLY LOW

0.1886 KGS

YEARLY AVERAGE

0.2025 KGS

2020 NGN to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.2313. Conversely, the yearly low was recorded on May 25, dropping to 0.1886.

This high-to-low spread represents a total annual volatility of 0.0427 KGS. From a start-to-finish perspective, comparing the January average rate of 0.1921 to the December average rate of 0.2176, the exchange rate registered a net change of 13.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2313 was up 1.75% compared to the 2019 peak of 0.2273, 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 231,257 KGS

2019 Average 192,245 KGS

Yearly Trough Low 188,566 KGS

Transaction Impact: A difference of 42,690.68 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2226

0.1890

JanuMarcMayJulySeptNove

NGN to KGS 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 0.1960, compared to 0.2089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.1960

H2 Avg (Jul–Dec) 0.2089

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0385 KGS (High: 0.2313 / Low: 0.1927). On the other end, February was the most stable month, with a tight range of 0.0015 KGS (High: 0.1925 / Low: 0.1909).

April Spread (Volatile) ±0.0385

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.0098 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.2064) against the same month in 2019 (average: 0.1908), the exchange rate shifted by +0.0157 (+8.21%).

2020 Avg (April) 0.2064

2019 Avg (April) 0.1908

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1928	0.1898	0.1921
February	0.1925	0.1909	0.1918
March	0.2190	0.1906	0.1968
April	0.2313	0.1927	0.2064
May	0.2031	0.1886	0.1966
June	0.1948	0.1894	0.1924
July	0.2016	0.1975	0.1996
August	0.2034	0.1975	0.2010
September	0.2085	0.2018	0.2055
October	0.2135	0.2057	0.2100
November	0.2229	0.2133	0.2198
December	0.2229	0.2082	0.2176