2019 NGN to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NGN to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NGN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 13.4049. Conversely, the yearly low was recorded on March 5, dropping to 10.6796.
This high-to-low spread represents a total annual volatility of 2.7253 KHR. From a start-to-finish perspective, comparing the January average rate of 11.0479 to the December average rate of 11.2155, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 13.4049 was down 57.53% compared to the 2018 peak of 31.5620, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NGN to KHR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.2390, compared to 11.2901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0511 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 2.3138 KHR (High: 13.4049 / Low: 11.0910). On the other end, February was the most stable month, with a tight range of 0.0711 KHR (High: 11.1157 / Low: 11.0446).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4374 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 11.3983) against the same month in 2018 (average: 11.2763), the exchange rate shifted by +0.1219 (+1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.0988 | 10.9884 | 11.0479 |
| February | 11.1157 | 11.0446 | 11.0796 |
| March | 11.1751 | 10.6796 | 11.0466 |
| April | 11.3361 | 11.1412 | 11.2333 |
| May | 11.2980 | 11.2092 | 11.2651 |
| June | 13.2927 | 11.2387 | 11.7615 |
| July | 11.3931 | 11.2786 | 11.3241 |
| August | 13.4049 | 11.0910 | 11.3983 |
| September | 11.4008 | 11.2636 | 11.3365 |
| October | 11.3376 | 11.1838 | 11.2552 |
| November | 11.2657 | 11.1425 | 11.2109 |
| December | 11.2560 | 11.1733 | 11.2155 |