2019 NGN to NAD Historical Review

YEARLY HIGH

0.1023 NAD

YEARLY LOW

0.0368 NAD

YEARLY AVERAGE

0.0403 NAD

2019 NGN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.1023. Conversely, the yearly low was recorded on January 31, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0656 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0382 to the December average rate of 0.0397, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1023 was up 144.31% compared to the 2018 peak of 0.0419, 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 102,333 NAD

2018 Average 36,610 NAD

Yearly Trough Low 36,753 NAD

Transaction Impact: A difference of 65,580.45 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0426

0.0377

JanuMarcMayJulySeptNove

NGN to NAD 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 0.0400, compared to 0.0407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0400

H2 Avg (Jul–Dec) 0.0407

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0629 NAD (High: 0.1023 / Low: 0.0394). On the other end, July was the most stable month, with a tight range of 0.0011 NAD (High: 0.0394 / Low: 0.0384).

May Spread (Volatile) ±0.0629

July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between April and June, 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 0.0033 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0420) against the same month in 2018 (average: 0.0348), the exchange rate shifted by +0.0073 (+20.89%).

2019 Avg (May) 0.0420

2018 Avg (May) 0.0348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0395	0.0368	0.0382
February	0.0391	0.0369	0.0381
March	0.0406	0.0384	0.0399
April	0.0406	0.0388	0.0393
May	0.1023	0.0394	0.0420
June	0.0490	0.0392	0.0422
July	0.0394	0.0384	0.0389
August	0.0499	0.0395	0.0422
September	0.0421	0.0404	0.0411
October	0.0422	0.0401	0.0412
November	0.0418	0.0404	0.0408
December	0.0408	0.0386	0.0397