2020 NGN to NAD Historical Review

YEARLY HIGH

0.0518 NAD

YEARLY LOW

0.0370 NAD

YEARLY AVERAGE

0.0433 NAD

2020 NGN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0518. Conversely, the yearly low was recorded on December 26, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0147 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0388, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0518 was down 49.42% compared to the 2019 peak of 0.1023, 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 51,757 NAD

2019 Average 40,322 NAD

Yearly Trough Low 37,019 NAD

Transaction Impact: A difference of 14,738.02 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0492

0.0378

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 0.0441, compared to 0.0425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0425

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0056 NAD (High: 0.0518 / Low: 0.0462). On the other end, February was the most stable month, with a tight range of 0.0016 NAD (High: 0.0421 / Low: 0.0406).

April Spread (Volatile) ±0.0056

February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0482) against the same month in 2019 (average: 0.0393), the exchange rate shifted by +0.0089 (+22.55%).

2020 Avg (April) 0.0482

2019 Avg (April) 0.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0408	0.0385	0.0396
February	0.0421	0.0406	0.0411
March	0.0476	0.0420	0.0448
April	0.0518	0.0462	0.0482
May	0.0480	0.0446	0.0467
June	0.0452	0.0428	0.0442
July	0.0440	0.0425	0.0432
August	0.0463	0.0427	0.0450
September	0.0450	0.0421	0.0438
October	0.0472	0.0424	0.0435
November	0.0429	0.0399	0.0407
December	0.0403	0.0370	0.0388