2022 NGN to PHP Historical Review

YEARLY HIGH

0.1369 PHP

YEARLY LOW

0.1224 PHP

YEARLY AVERAGE

0.1286 PHP

2022 NGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.1369. Conversely, the yearly low was recorded on February 12, dropping to 0.1224.

This high-to-low spread represents a total annual volatility of 0.0145 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1238 to the December average rate of 0.1247, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1369 was up 6.97% compared to the 2021 peak of 0.1280, 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 136,906 PHP

2021 Average 122,219 PHP

Yearly Trough Low 122,436 PHP

Transaction Impact: A difference of 14,470.54 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1360

0.1221

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 0.1255, compared to 0.1317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1255

H2 Avg (Jul–Dec) 0.1317

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0074 PHP (High: 0.1344 / Low: 0.1271). On the other end, May was the most stable month, with a tight range of 0.0015 PHP (High: 0.1271 / Low: 0.1256).

November Spread (Volatile) ±0.0074

May Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1346) against the same month in 2021 (average: 0.1220), the exchange rate shifted by +0.0126 (+10.33%).

2022 Avg (September) 0.1346

2021 Avg (September) 0.1220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1249	0.1230	0.1238
February	0.1243	0.1224	0.1233
March	0.1262	0.1234	0.1253
April	0.1263	0.1233	0.1252
May	0.1271	0.1256	0.1261
June	0.1325	0.1265	0.1291
July	0.1358	0.1316	0.1334
August	0.1341	0.1312	0.1327
September	0.1369	0.1325	0.1346
October	0.1366	0.1323	0.1349
November	0.1344	0.1271	0.1301
December	0.1264	0.1232	0.1247