YEARLY HIGH
0.5188 PKR
YEARLY LOW
0.3813 PKR
YEARLY AVERAGE
0.4173 PKR

2019 NGN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.5188. Conversely, the yearly low was recorded on January 5, dropping to 0.3813.

This high-to-low spread represents a total annual volatility of 0.1374 PKR. From a start-to-finish perspective, comparing the January average rate of 0.3838 to the December average rate of 0.4272, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5188 was up 34.97% compared to the 2018 peak of 0.3844, 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 518,772 PKR
2018 Average 336,407 PKR
Yearly Trough Low 381,344 PKR
Transaction Impact: A difference of 137,427.65 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4506
0.3777
JanuMarcMayJulySeptNove

NGN to PKR 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 0.3997, compared to 0.4348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0351 points.

H1 Avg (Jan–Jun) 0.3997
H2 Avg (Jul–Dec) 0.4348

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0853 PKR (High: 0.4917 / Low: 0.4064). On the other end, February was the most stable month, with a tight range of 0.0035 PKR (High: 0.3870 / Low: 0.3835).

June Spread (Volatile) ±0.0853
February Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0113 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.4446) against the same month in 2018 (average: 0.3415), the exchange rate shifted by +0.1031 (+30.20%).

2019 Avg (August) 0.4446
2018 Avg (August) 0.3415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3861 0.3813 0.3838
February 0.3870 0.3835 0.3854
March 0.3912 0.3835 0.3882
April 0.3946 0.3904 0.3931
May 0.4222 0.3912 0.4038
June 0.4917 0.4064 0.4441
July 0.4480 0.4339 0.4421
August 0.5188 0.4335 0.4446
September 0.4353 0.4304 0.4333
October 0.4343 0.4290 0.4320
November 0.4315 0.4278 0.4296
December 0.4292 0.4256 0.4272