YEARLY HIGH
0.5750 PKR
YEARLY LOW
0.4188 PKR
YEARLY AVERAGE
0.4821 PKR

2022 NGN to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.5750. Conversely, the yearly low was recorded on February 12, dropping to 0.4188.

This high-to-low spread represents a total annual volatility of 0.1561 PKR. From a start-to-finish perspective, comparing the January average rate of 0.4267 to the December average rate of 0.5057, the exchange rate registered a net change of 18.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5750 was up 32.32% compared to the 2021 peak of 0.4345, 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 574,957 PKR
2021 Average 404,037 PKR
Yearly Trough Low 418,828 PKR
Transaction Impact: A difference of 156,128.97 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5496
0.4105
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 0.4476, compared to 0.5166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0690 points.

H1 Avg (Jan–Jun) 0.4476
H2 Avg (Jul–Dec) 0.5166

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0854 PKR (High: 0.5750 / Low: 0.4896). On the other end, December was the most stable month, with a tight range of 0.0065 PKR (High: 0.5081 / Low: 0.5016).

July Spread (Volatile) ±0.0854
December Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0304 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.5202) against the same month in 2021 (average: 0.3891), the exchange rate shifted by +0.1311 (+33.70%).

2022 Avg (July) 0.5202
2021 Avg (July) 0.3891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4327 0.4239 0.4267
February 0.4266 0.4188 0.4221
March 0.4390 0.4270 0.4326
April 0.4510 0.4370 0.4445
May 0.4878 0.4469 0.4675
June 0.5093 0.4760 0.4923
July 0.5750 0.4896 0.5202
August 0.5662 0.5044 0.5246
September 0.5587 0.5121 0.5380
October 0.5278 0.4964 0.5076
November 0.5073 0.4992 0.5037
December 0.5081 0.5016 0.5057