2019 NGN to NOK Historical Review

YEARLY HIGH

0.0294 NOK

YEARLY LOW

0.0232 NOK

YEARLY AVERAGE

0.0245 NOK

2019 NGN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.0294. Conversely, the yearly low was recorded on January 9, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0062 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0249, the exchange rate registered a net change of 5.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0294 was up 21.96% compared to the 2018 peak of 0.0241, 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 29,382 NOK

2018 Average 22,533 NOK

Yearly Trough Low 23,162 NOK

Transaction Impact: A difference of 6,219.66 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0255

0.0234

JanuMarcMayJulySeptNove

NGN to NOK 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 0.0240, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0240

H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0050 NOK (High: 0.0294 / Low: 0.0244). On the other end, May was the most stable month, with a tight range of 0.0003 NOK (High: 0.0244 / Low: 0.0241).

August Spread (Volatile) ±0.0050

May Spread (Stable) ±0.0003

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 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0250) against the same month in 2018 (average: 0.0231), the exchange rate shifted by +0.0019 (+8.26%).

2019 Avg (August) 0.0250

2018 Avg (August) 0.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0241	0.0232	0.0235
February	0.0241	0.0234	0.0237
March	0.0244	0.0235	0.0239
April	0.0242	0.0235	0.0238
May	0.0244	0.0241	0.0243
June	0.0285	0.0235	0.0249
July	0.0245	0.0237	0.0239
August	0.0294	0.0244	0.0250
September	0.0251	0.0247	0.0249
October	0.0255	0.0250	0.0253
November	0.0255	0.0251	0.0252
December	0.0254	0.0242	0.0249