YEARLY HIGH
0.2203 RUB
YEARLY LOW
0.1686 RUB
YEARLY AVERAGE
0.1900 RUB

2020 NGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2203. Conversely, the yearly low was recorded on January 11, dropping to 0.1686.

This high-to-low spread represents a total annual volatility of 0.0517 RUB. From a start-to-finish perspective, comparing the January average rate of 0.1708 to the December average rate of 0.1928, the exchange rate registered a net change of 12.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2203 was up 1.68% compared to the 2019 peak of 0.2166, 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 220,287 RUB
2019 Average 179,795 RUB
Yearly Trough Low 168,601 RUB
Transaction Impact: A difference of 51,685.75 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2063
0.1676
JanuMarcMayJulySeptNove

NGN to RUB 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 0.1848, compared to 0.1952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.1848
H2 Avg (Jul–Dec) 0.1952

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0392 RUB (High: 0.2203 / Low: 0.1811). On the other end, August was the most stable month, with a tight range of 0.0073 RUB (High: 0.1959 / Low: 0.1886).

March Spread (Volatile) ±0.0392
August Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0084 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2011) against the same month in 2019 (average: 0.1812), the exchange rate shifted by +0.0200 (+11.02%).

2020 Avg (March) 0.2011
2019 Avg (March) 0.1812

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1767 0.1686 0.1708
February 0.1826 0.1728 0.1763
March 0.2203 0.1811 0.2011
April 0.2102 0.1876 0.1948
May 0.1942 0.1810 0.1871
June 0.1839 0.1757 0.1789
July 0.1916 0.1818 0.1845
August 0.1959 0.1886 0.1918
September 0.2068 0.1905 0.1982
October 0.2086 0.1996 0.2031
November 0.2101 0.1979 0.2012
December 0.1995 0.1875 0.1928