2020 NGN to LRD Historical Review

YEARLY HIGH

0.5433 LRD

YEARLY LOW

0.4065 LRD

YEARLY AVERAGE

0.5045 LRD

2020 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.5433. Conversely, the yearly low was recorded on November 22, dropping to 0.4065.

This high-to-low spread represents a total annual volatility of 0.1368 LRD. From a start-to-finish perspective, comparing the January average rate of 0.5285 to the December average rate of 0.4201, the exchange rate registered a net change of -20.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5433 was down 18.78% compared to the 2019 peak of 0.6689, 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 543,329 LRD

2019 Average 518,011 LRD

Yearly Trough Low 406,496 LRD

Transaction Impact: A difference of 136,832.36 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5519

0.4082

JanuMarcMayJulySeptNove

NGN to LRD 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 0.5234, compared to 0.4856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 0.5234

H2 Avg (Jul–Dec) 0.4856

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0745 LRD (High: 0.4810 / Low: 0.4065). On the other end, July was the most stable month, with a tight range of 0.0032 LRD (High: 0.5154 / Low: 0.5122).

November Spread (Volatile) ±0.0745

July Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 0.0737 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.5400) against the same month in 2019 (average: 0.4455), the exchange rate shifted by +0.0944 (+21.20%).

2020 Avg (February) 0.5400

2019 Avg (February) 0.4455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5392	0.5124	0.5285
February	0.5433	0.5362	0.5400
March	0.5427	0.5059	0.5336
April	0.5399	0.5077	0.5148
May	0.5136	0.5080	0.5100
June	0.5162	0.5125	0.5138
July	0.5154	0.5122	0.5142
August	0.5266	0.5134	0.5174
September	0.5230	0.5132	0.5190
October	0.5216	0.4809	0.5084
November	0.4810	0.4065	0.4347
December	0.4295	0.4131	0.4201