2020 NGN to MDL Historical Review

YEARLY HIGH

0.0506 MDL

YEARLY LOW

0.0425 MDL

YEARLY AVERAGE

0.0454 MDL

2020 NGN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0506. Conversely, the yearly low was recorded on August 5, dropping to 0.0425.

This high-to-low spread represents a total annual volatility of 0.0080 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0480 to the December average rate of 0.0448, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0506 was down 14.61% compared to the 2019 peak of 0.0592, 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 50,555 MDL

2019 Average 48,708 MDL

Yearly Trough Low 42,543 MDL

Transaction Impact: A difference of 8,012.41 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0488

0.0424

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 0.0468, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0468

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0048 MDL (High: 0.0506 / Low: 0.0457). On the other end, August was the most stable month, with a tight range of 0.0009 MDL (High: 0.0434 / Low: 0.0425).

April Spread (Volatile) ±0.0048

August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0471) against the same month in 2019 (average: 0.0490), the exchange rate shifted by -0.0019 (-3.89%).

2020 Avg (April) 0.0471

2019 Avg (April) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0488	0.0470	0.0480
February	0.0490	0.0473	0.0482
March	0.0492	0.0464	0.0476
April	0.0506	0.0457	0.0471
May	0.0460	0.0450	0.0455
June	0.0450	0.0437	0.0443
July	0.0445	0.0426	0.0437
August	0.0434	0.0425	0.0429
September	0.0443	0.0426	0.0433
October	0.0449	0.0437	0.0443
November	0.0453	0.0444	0.0448
December	0.0455	0.0437	0.0448