2020 NGN to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NGN to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NGN to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 11.2777. Conversely, the yearly low was recorded on December 26, dropping to 10.2092.
This high-to-low spread represents a total annual volatility of 1.0685 KHR. From a start-to-finish perspective, comparing the January average rate of 11.2233 to the December average rate of 10.5421, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 11.2777 was down 15.87% compared to the 2019 peak of 13.4049, 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 2020.
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 10.8492, compared to 10.6356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2135 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.8256 KHR (High: 11.1968 / Low: 10.3712). On the other end, February was the most stable month, with a tight range of 0.0864 KHR (High: 11.2331 / Low: 11.1467).
Growth Streaks & Declines
TrendsBetween May and October, 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 March and April, when the average rate fell by 0.3925 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 11.2233) against the same month in 2019 (average: 11.0479), the exchange rate shifted by +0.1754 (+1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.2777 | 11.1724 | 11.2233 |
| February | 11.2331 | 11.1467 | 11.2073 |
| March | 11.1968 | 10.3712 | 10.9655 |
| April | 11.0899 | 10.4463 | 10.5731 |
| May | 10.6564 | 10.4850 | 10.5588 |
| June | 10.6559 | 10.4800 | 10.5669 |
| July | 10.6316 | 10.5426 | 10.5800 |
| August | 10.8322 | 10.5621 | 10.6487 |
| September | 10.7743 | 10.5503 | 10.6848 |
| October | 10.7885 | 10.6398 | 10.7246 |
| November | 10.7105 | 10.5682 | 10.6335 |
| December | 10.6570 | 10.2092 | 10.5421 |