2020 NGN to NIO Historical Review

YEARLY HIGH

0.0944 NIO

YEARLY LOW

0.0864 NIO

YEARLY AVERAGE

0.0905 NIO

2020 NGN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0944. Conversely, the yearly low was recorded on May 25, dropping to 0.0864.

This high-to-low spread represents a total annual volatility of 0.0080 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0908, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0944 was down 13.78% compared to the 2019 peak of 0.1095, 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 94,414 NIO

2019 Average 92,383 NIO

Yearly Trough Low 86,391 NIO

Transaction Impact: A difference of 8,022.30 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0943

0.0867

JanuMarcMayJulySeptNove

NGN to NIO 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 0.0905, compared to 0.0905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0905

H2 Avg (Jul–Dec) 0.0905

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0073 NIO (High: 0.0938 / Low: 0.0866). On the other end, October was the most stable month, with a tight range of 0.0016 NIO (High: 0.0915 / Low: 0.0899).

March Spread (Volatile) ±0.0073

October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0030 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0937) against the same month in 2019 (average: 0.0895), the exchange rate shifted by +0.0042 (+4.72%).

2020 Avg (January) 0.0937

2019 Avg (January) 0.0895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0944	0.0926	0.0937
February	0.0943	0.0926	0.0934
March	0.0938	0.0866	0.0916
April	0.0932	0.0870	0.0886
May	0.0887	0.0864	0.0874
June	0.0895	0.0873	0.0882
July	0.0898	0.0878	0.0892
August	0.0916	0.0887	0.0903
September	0.0914	0.0897	0.0906
October	0.0915	0.0899	0.0910
November	0.0929	0.0905	0.0913
December	0.0919	0.0883	0.0908