2020 NGN to KPW Historical Review

YEARLY HIGH

2.4910 KPW

YEARLY LOW

2.2789 KPW

YEARLY AVERAGE

2.3684 KPW

2020 NGN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 2.4910. Conversely, the yearly low was recorded on December 26, dropping to 2.2789.

This high-to-low spread represents a total annual volatility of 0.2121 KPW. From a start-to-finish perspective, comparing the January average rate of 2.4844 to the December average rate of 2.3448, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4910 was down 15.19% compared to the 2019 peak of 2.9372, 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 2,490,992 KPW

2019 Average 2,501,278 KPW

Yearly Trough Low 2,278,900 KPW

Transaction Impact: A difference of 212,091.16 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5015

2.2957

JanuMarcMayJulySeptNove

NGN to KPW 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 2.3934, compared to 2.3435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0499 points.

H1 Avg (Jan–Jun) 2.3934

H2 Avg (Jul–Dec) 2.3435

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1727 KPW (High: 2.4717 / Low: 2.2990). On the other end, June was the most stable month, with a tight range of 0.0113 KPW (High: 2.3309 / Low: 2.3196).

March Spread (Volatile) ±0.1727

June Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0897 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.4844) against the same month in 2019 (average: 2.4766), the exchange rate shifted by +0.0077 (+0.31%).

2020 Avg (January) 2.4844

2019 Avg (January) 2.4766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4910	2.4582	2.4844
February	2.4862	2.4599	2.4723
March	2.4717	2.2990	2.4286
April	2.4523	2.3077	2.3389
May	2.3291	2.3043	2.3129
June	2.3309	2.3196	2.3230
July	2.3273	2.3134	2.3218
August	2.3778	2.3185	2.3365
September	2.3653	2.3226	2.3458
October	2.3653	2.3321	2.3558
November	2.3684	2.3423	2.3562
December	2.3715	2.2789	2.3448