2019 NGN to MXN Historical Review

YEARLY HIGH

0.0652 MXN

YEARLY LOW

0.0518 MXN

YEARLY AVERAGE

0.0535 MXN

2019 NGN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0652. Conversely, the yearly low was recorded on December 29, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0133 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0527, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0652 was up 12.54% compared to the 2018 peak of 0.0579, 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 65,173 MXN

2018 Average 53,207 MXN

Yearly Trough Low 51,829 MXN

Transaction Impact: A difference of 13,343.91 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0561

0.0523

JanuMarcMayJulySeptNove

NGN to MXN 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 0.0535, compared to 0.0535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0535

H2 Avg (Jul–Dec) 0.0535

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0119 MXN (High: 0.0652 / Low: 0.0533). On the other end, July was the most stable month, with a tight range of 0.0007 MXN (High: 0.0532 / Low: 0.0526).

August Spread (Volatile) ±0.0119

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0549) against the same month in 2018 (average: 0.0522), the exchange rate shifted by +0.0027 (+5.25%).

2019 Avg (August) 0.0549

2018 Avg (August) 0.0522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0541	0.0520	0.0528
February	0.0538	0.0527	0.0531
March	0.0543	0.0522	0.0535
April	0.0535	0.0519	0.0526
May	0.0545	0.0526	0.0531
June	0.0645	0.0528	0.0558
July	0.0532	0.0526	0.0528
August	0.0652	0.0533	0.0549
September	0.0555	0.0536	0.0542
October	0.0548	0.0527	0.0534
November	0.0540	0.0528	0.0533
December	0.0540	0.0518	0.0527