2022 NGN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NGN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NGN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 17.0499. Conversely, the yearly low was recorded on November 14, dropping to 15.8952.
This high-to-low spread represents a total annual volatility of 1.1546 PYG. From a start-to-finish perspective, comparing the January average rate of 16.8328 to the December average rate of 16.2328, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 17.0499 was down 6.72% compared to the 2021 peak of 18.2774, 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 2022.
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 16.6459, compared to 16.3166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3293 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 0.6373 PYG (High: 16.5326 / Low: 15.8952). On the other end, March was the most stable month, with a tight range of 0.1081 PYG (High: 16.8101 / Low: 16.7020).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2121 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 16.8328) against the same month in 2021 (average: 17.8061), the exchange rate shifted by -0.9732 (-5.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.0499 | 16.6604 | 16.8328 |
| February | 17.0341 | 16.6275 | 16.7556 |
| March | 16.8101 | 16.7020 | 16.7484 |
| April | 16.6954 | 16.4146 | 16.5363 |
| May | 16.5852 | 16.4302 | 16.4981 |
| June | 16.6447 | 16.3411 | 16.5041 |
| July | 16.6058 | 16.1065 | 16.3923 |
| August | 16.5387 | 16.1319 | 16.3409 |
| September | 16.4005 | 15.9003 | 16.2436 |
| October | 16.6865 | 16.2230 | 16.4294 |
| November | 16.5326 | 15.8952 | 16.2606 |
| December | 16.4776 | 15.9369 | 16.2328 |