2022 NGN to QAR Historical Review

YEARLY HIGH

0.0089 QAR

YEARLY LOW

0.0081 QAR

YEARLY AVERAGE

0.0086 QAR

2022 NGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0089. Conversely, the yearly low was recorded on December 19, dropping to 0.0081.

This high-to-low spread represents a total annual volatility of 0.0007 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0082, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0089 was down 7.75% compared to the 2021 peak of 0.0096, 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 8,851 QAR

2021 Average 9,042 QAR

Yearly Trough Low 8,113 QAR

Transaction Impact: A difference of 738.17 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0089

0.0081

JanuMarcMayJulySeptNove

NGN to QAR 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 0.0088, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0088

H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0003 QAR (High: 0.0086 / Low: 0.0083). On the other end, May was the most stable month, with a tight range of 0.0001 QAR (High: 0.0088 / Low: 0.0088).

September Spread (Volatile) ±0.0003

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0088) against the same month in 2021 (average: 0.0094), the exchange rate shifted by -0.0006 (-6.32%).

2022 Avg (January) 0.0088

2021 Avg (January) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0088	0.0088
February	0.0088	0.0087	0.0088
March	0.0088	0.0087	0.0088
April	0.0088	0.0087	0.0088
May	0.0088	0.0088	0.0088
June	0.0088	0.0087	0.0088
July	0.0088	0.0086	0.0087
August	0.0088	0.0085	0.0087
September	0.0086	0.0083	0.0085
October	0.0085	0.0083	0.0084
November	0.0083	0.0082	0.0082
December	0.0083	0.0081	0.0082