2022 NGN to NZD Historical Review

YEARLY HIGH

0.0041 NZD

YEARLY LOW

0.0034 NZD

YEARLY AVERAGE

0.0037 NZD

2022 NGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.0041. Conversely, the yearly low was recorded on March 26, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0007 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0035, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0041 was up 10.27% compared to the 2021 peak of 0.0038, 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 4,145 NZD

2021 Average 3,509 NZD

Yearly Trough Low 3,445 NZD

Transaction Impact: A difference of 700.88 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0041

0.0034

JanuMarcMayJulySeptNove

NGN to NZD 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 0.0036, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0036

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0004 NZD (High: 0.0040 / Low: 0.0036). On the other end, February was the most stable month, with a tight range of 0.0001 NZD (High: 0.0036 / Low: 0.0036).

November Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0040) against the same month in 2021 (average: 0.0034), the exchange rate shifted by +0.0006 (+17.05%).

2022 Avg (October) 0.0040

2021 Avg (October) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0035	0.0036
February	0.0036	0.0036	0.0036
March	0.0036	0.0034	0.0035
April	0.0037	0.0035	0.0036
May	0.0039	0.0037	0.0038
June	0.0039	0.0037	0.0038
July	0.0039	0.0038	0.0038
August	0.0039	0.0037	0.0038
September	0.0041	0.0038	0.0039
October	0.0041	0.0039	0.0040
November	0.0040	0.0036	0.0037
December	0.0036	0.0035	0.0035