YEARLY HIGH
0.0110 PEN
YEARLY LOW
0.0091 PEN
YEARLY AVERAGE
0.0093 PEN

2019 NGN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0110. Conversely, the yearly low was recorded on July 20, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0020 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0092, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0110 was up 18.06% compared to the 2018 peak of 0.0093, 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 11,035 PEN
2018 Average 9,096 PEN
Yearly Trough Low 9,076 PEN
Transaction Impact: A difference of 1,959.94 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0097
0.0091
JanuMarcMayJulySeptNove

NGN to PEN 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 0.0093, compared to 0.0093 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) 0.0093
H2 Avg (Jul–Dec) 0.0093

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0019 PEN (High: 0.0110 / Low: 0.0092). On the other end, March was the most stable month, with a tight range of 0.0001 PEN (High: 0.0092 / Low: 0.0091).

August Spread (Volatile) ±0.0019
March Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0094) against the same month in 2018 (average: 0.0091), the exchange rate shifted by +0.0003 (+3.41%).

2019 Avg (August) 0.0094
2018 Avg (August) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0093 0.0091 0.0092
February 0.0092 0.0091 0.0092
March 0.0092 0.0091 0.0092
April 0.0093 0.0091 0.0092
May 0.0094 0.0092 0.0092
June 0.0109 0.0091 0.0096
July 0.0092 0.0091 0.0091
August 0.0110 0.0092 0.0094
September 0.0094 0.0092 0.0093
October 0.0094 0.0092 0.0093
November 0.0094 0.0092 0.0093
December 0.0094 0.0091 0.0092