YEARLY HIGH
0.0116 PLN
YEARLY LOW
0.0094 PLN
YEARLY AVERAGE
0.0105 PLN

2022 NGN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.0116. Conversely, the yearly low was recorded on February 9, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0022 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0099, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0116 was up 11.98% compared to the 2021 peak of 0.0104, 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 11,599 PLN
2021 Average 9,579 PLN
Yearly Trough Low 9,448 PLN
Transaction Impact: A difference of 2,151.20 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0114
0.0095
JanuMarcMayJulySeptNove

NGN to PLN 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 0.0102, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0010 PLN (High: 0.0110 / Low: 0.0100). On the other end, December was the most stable month, with a tight range of 0.0003 PLN (High: 0.0101 / Low: 0.0098).

March Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, 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 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0112) against the same month in 2021 (average: 0.0094), the exchange rate shifted by +0.0018 (+18.94%).

2022 Avg (July) 0.0112
2021 Avg (July) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0096 0.0097
February 0.0102 0.0094 0.0097
March 0.0110 0.0100 0.0104
April 0.0108 0.0101 0.0103
May 0.0108 0.0103 0.0106
June 0.0108 0.0103 0.0106
July 0.0116 0.0108 0.0112
August 0.0113 0.0108 0.0111
September 0.0115 0.0108 0.0112
October 0.0116 0.0108 0.0112
November 0.0110 0.0101 0.0104
December 0.0101 0.0098 0.0099