2020 NGN to PHP Historical Review

YEARLY HIGH

0.1414 PHP

YEARLY LOW

0.1219 PHP

YEARLY AVERAGE

0.1306 PHP

2020 NGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1414. Conversely, the yearly low was recorded on December 26, dropping to 0.1219.

This high-to-low spread represents a total annual volatility of 0.0195 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1403 to the December average rate of 0.1253, the exchange rate registered a net change of -10.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1414 was down 17.34% compared to the 2019 peak of 0.1711, 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 141,393 PHP

2019 Average 143,875 PHP

Yearly Trough Low 121,921 PHP

Transaction Impact: A difference of 19,471.37 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1418

0.1238

JanuMarcMayJulySeptNove

NGN to PHP 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 0.1347, compared to 0.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.1347

H2 Avg (Jul–Dec) 0.1265

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0110 PHP (High: 0.1408 / Low: 0.1298). On the other end, June was the most stable month, with a tight range of 0.0019 PHP (High: 0.1301 / Low: 0.1281).

March Spread (Volatile) ±0.0110

June Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0057 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1403) against the same month in 2019 (average: 0.1443), the exchange rate shifted by -0.0040 (-2.76%).

2020 Avg (January) 0.1403

2019 Avg (January) 0.1443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1414	0.1383	0.1403
February	0.1409	0.1386	0.1396
March	0.1408	0.1298	0.1374
April	0.1382	0.1291	0.1316
May	0.1317	0.1281	0.1298
June	0.1301	0.1281	0.1292
July	0.1285	0.1262	0.1275
August	0.1297	0.1247	0.1266
September	0.1275	0.1254	0.1265
October	0.1278	0.1255	0.1270
November	0.1277	0.1255	0.1263
December	0.1266	0.1219	0.1253