2022 NGN to PEN Historical Review

YEARLY HIGH

0.0097 PEN

YEARLY LOW

0.0085 PEN

YEARLY AVERAGE

0.0091 PEN

2022 NGN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0097. Conversely, the yearly low was recorded on December 31, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0012 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0086, the exchange rate registered a net change of -8.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0097 was down 3.73% compared to the 2021 peak of 0.0101, 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 9,700 PEN

2021 Average 9,620 PEN

Yearly Trough Low 8,490 PEN

Transaction Impact: A difference of 1,210.10 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0095

0.0085

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 0.0091, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0091

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0005 PEN (High: 0.0092 / Low: 0.0087). On the other end, October was the most stable month, with a tight range of 0.0002 PEN (High: 0.0092 / Low: 0.0090).

April Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0094) against the same month in 2021 (average: 0.0094), the exchange rate shifted by +0.0001 (+0.60%).

2022 Avg (January) 0.0094

2021 Avg (January) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0097	0.0092	0.0094
February	0.0093	0.0090	0.0091
March	0.0091	0.0089	0.0090
April	0.0092	0.0087	0.0090
May	0.0093	0.0088	0.0090
June	0.0091	0.0089	0.0090
July	0.0096	0.0092	0.0093
August	0.0095	0.0090	0.0092
September	0.0092	0.0089	0.0091
October	0.0092	0.0090	0.0091
November	0.0090	0.0086	0.0088
December	0.0087	0.0085	0.0086