2022 NGN to KPW Historical Review

YEARLY HIGH

2.1899 KPW

YEARLY LOW

2.0052 KPW

YEARLY AVERAGE

2.1260 KPW

2022 NGN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.1899. Conversely, the yearly low was recorded on December 19, dropping to 2.0052.

This high-to-low spread represents a total annual volatility of 0.1848 KPW. From a start-to-finish perspective, comparing the January average rate of 2.1752 to the December average rate of 2.0207, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1899 was down 7.66% compared to the 2021 peak of 2.3715, 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 2,189,923 KPW

2021 Average 2,233,192 KPW

Yearly Trough Low 2,005,167 KPW

Transaction Impact: A difference of 184,755.82 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1907

2.0053

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 2.1662, compared to 2.0857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0805 points.

H1 Avg (Jan–Jun) 2.1662

H2 Avg (Jul–Dec) 2.0857

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0783 KPW (High: 2.1367 / Low: 2.0583). On the other end, May was the most stable month, with a tight range of 0.0142 KPW (High: 2.1788 / Low: 2.1646).

September Spread (Volatile) ±0.0783

May Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0372 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.1752) against the same month in 2021 (average: 2.3209), the exchange rate shifted by -0.1457 (-6.28%).

2022 Avg (January) 2.1752

2021 Avg (January) 2.3209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1899	2.1642	2.1752
February	2.1724	2.1497	2.1628
March	2.1671	2.1506	2.1628
April	2.1712	2.1567	2.1652
May	2.1788	2.1646	2.1677
June	2.1691	2.1441	2.1639
July	2.1701	2.1173	2.1495
August	2.1660	2.1106	2.1383
September	2.1367	2.0583	2.1011
October	2.0816	2.0458	2.0662
November	2.0652	2.0269	2.0385
December	2.0293	2.0052	2.0207