YEARLY HIGH
18.5228 PYG
YEARLY LOW
16.6084 PYG
YEARLY AVERAGE
17.8019 PYG

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.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 18,522,776 PYG
2019 Average 17,332,736 PYG
Yearly Trough Low 16,608,437 PYG
Transaction Impact: A difference of 1,914,338.21 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.5680
16.7410
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 17.4501
H2 Avg (Jul–Dec) 18.1537

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±1.2540
February Spread (Stable) ±0.2197

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.8083

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (November) 18.4158
2019 Avg (November) 17.8070

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