YEARLY HIGH
1.2472 KZT
YEARLY LOW
1.0251 KZT
YEARLY AVERAGE
1.0885 KZT

2020 NGN to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.2472. Conversely, the yearly low was recorded on June 8, dropping to 1.0251.

This high-to-low spread represents a total annual volatility of 0.2221 KZT. From a start-to-finish perspective, comparing the January average rate of 1.0469 to the December average rate of 1.0967, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2472 was down 1.50% compared to the 2019 peak of 1.2663, 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 1,247,206 KZT
2019 Average 1,064,568 KZT
Yearly Trough Low 1,025,116 KZT
Transaction Impact: A difference of 222,089.37 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1377
1.0291
JanuMarcMayJulySeptNove

NGN to KZT 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 1.0759, compared to 1.1012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 1.0759
H2 Avg (Jul–Dec) 1.1012

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2118 KZT (High: 1.2472 / Low: 1.0354). On the other end, February was the most stable month, with a tight range of 0.0163 KZT (High: 1.0483 / Low: 1.0320).

March Spread (Volatile) ±0.2118
February Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0496 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.1287) against the same month in 2019 (average: 1.0504), the exchange rate shifted by +0.0783 (+7.45%).

2020 Avg (March) 1.1287
2019 Avg (March) 1.0504

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0592 1.0381 1.0469
February 1.0483 1.0320 1.0382
March 1.2472 1.0354 1.1287
April 1.2116 1.1005 1.1259
May 1.0963 1.0574 1.0763
June 1.0534 1.0251 1.0392
July 1.0870 1.0491 1.0650
August 1.1093 1.0838 1.0903
September 1.1296 1.0825 1.1077
October 1.1377 1.1105 1.1247
November 1.1377 1.1109 1.1228
December 1.1181 1.0650 1.0967