2019 NGN to MDL Historical Review

YEARLY HIGH

0.0592 MDL

YEARLY LOW

0.0467 MDL

YEARLY AVERAGE

0.0487 MDL

2019 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0592. Conversely, the yearly low was recorded on January 12, dropping to 0.0467.

This high-to-low spread represents a total annual volatility of 0.0125 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0471 to the December average rate of 0.0476, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0592 was up 24.17% compared to the 2018 peak of 0.0477, 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 59,202 MDL

2018 Average 46,508 MDL

Yearly Trough Low 46,713 MDL

Transaction Impact: A difference of 12,488.16 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0529

0.0466

JanuMarcMayJulySeptNove

NGN to MDL 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 0.0489, compared to 0.0485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0489

H2 Avg (Jul–Dec) 0.0485

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0106 MDL (High: 0.0583 / Low: 0.0477). On the other end, February was the most stable month, with a tight range of 0.0005 MDL (High: 0.0476 / Low: 0.0471).

August Spread (Volatile) ±0.0106

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0033 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0524) against the same month in 2018 (average: 0.0468), the exchange rate shifted by +0.0055 (+11.84%).

2019 Avg (June) 0.0524

2018 Avg (June) 0.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0474	0.0467	0.0471
February	0.0476	0.0471	0.0473
March	0.0482	0.0473	0.0477
April	0.0497	0.0481	0.0490
May	0.0506	0.0493	0.0498
June	0.0592	0.0502	0.0524
July	0.0500	0.0483	0.0491
August	0.0583	0.0477	0.0492
September	0.0497	0.0486	0.0490
October	0.0490	0.0477	0.0483
November	0.0484	0.0478	0.0481
December	0.0483	0.0473	0.0476