2020 NGN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NGN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 18.5228. Conversely, the yearly low was recorded on April 22, dropping to 16.6084.
This high-to-low spread represents a total annual volatility of 1.9143 PYG. From a start-to-finish perspective, comparing the January average rate of 17.9651 to the December average rate of 18.1244, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 18.5228 was down 9.77% compared to the 2019 peak of 20.5276, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NGN to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.4501, compared to 18.1537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7036 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.2540 PYG (High: 18.0942 / Low: 16.8401). On the other end, February was the most stable month, with a tight range of 0.2197 PYG (High: 18.0257 / Low: 17.8060).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8083 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 18.4158) against the same month in 2019 (average: 17.8070), the exchange rate shifted by +0.6087 (+3.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.0492 | 17.7165 | 17.9651 |
| February | 18.0257 | 17.8060 | 17.9212 |
| March | 18.0942 | 16.8401 | 17.7165 |
| April | 17.8398 | 16.6084 | 16.9083 |
| May | 17.1731 | 16.6959 | 16.8933 |
| June | 17.5570 | 17.1480 | 17.2964 |
| July | 18.0147 | 17.5462 | 17.7748 |
| August | 18.3277 | 17.9043 | 18.0456 |
| September | 18.3839 | 17.9998 | 18.1982 |
| October | 18.4856 | 18.1501 | 18.3637 |
| November | 18.5228 | 18.2662 | 18.4158 |
| December | 18.4922 | 17.3503 | 18.1244 |