2020 NGN to KWD Historical Review

YEARLY HIGH

0.0009 KWD

YEARLY LOW

0.0008 KWD

YEARLY AVERAGE

0.0008 KWD

2020 NGN to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0009. Conversely, the yearly low was recorded on December 26, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0001 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0008, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0009 was down 12.76% compared to the 2019 peak of 0.0010, 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 866 KWD

2019 Average 844 KWD

Yearly Trough Low 773 KWD

Transaction Impact: A difference of 93.60 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0008

JanuMarcMayJulySeptNove

NGN to KWD 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 0.0008, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0008

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0001 KWD (High: 0.0009 / Low: 0.0008). On the other end, June was the most stable month, with a tight range of 0.0000 KWD (High: 0.0008 / Low: 0.0008).

March Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0008) against the same month in 2019 (average: 0.0008), the exchange rate shifted by -0.0000 (-1.10%).

2020 Avg (March) 0.0008

2019 Avg (March) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0008	0.0008	0.0008
February	0.0008	0.0008	0.0008
March	0.0009	0.0008	0.0008
April	0.0008	0.0008	0.0008
May	0.0008	0.0008	0.0008
June	0.0008	0.0008	0.0008
July	0.0008	0.0008	0.0008
August	0.0008	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0008	0.0008	0.0008