YEARLY HIGH
0.3435 RUB
YEARLY LOW
0.1265 RUB
YEARLY AVERAGE
0.1654 RUB

2022 NGN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.3435. Conversely, the yearly low was recorded on June 29, dropping to 0.1265.

This high-to-low spread represents a total annual volatility of 0.2170 RUB. From a start-to-finish perspective, comparing the January average rate of 0.1850 to the December average rate of 0.1491, the exchange rate registered a net change of -19.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3435 was up 69.08% compared to the 2021 peak of 0.2032, 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 343,533 RUB
2021 Average 182,940 RUB
Yearly Trough Low 126,528 RUB
Transaction Impact: A difference of 217,004.55 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2786
0.1256
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 0.1881, compared to 0.1428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 0.1881
H2 Avg (Jul–Dec) 0.1428

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1469 RUB (High: 0.3435 / Low: 0.1967). On the other end, November was the most stable month, with a tight range of 0.0060 RUB (High: 0.1423 / Low: 0.1363).

March Spread (Volatile) ±0.1469
November Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0730 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2658) against the same month in 2021 (average: 0.1922), the exchange rate shifted by +0.0736 (+38.32%).

2022 Avg (March) 0.2658
2021 Avg (March) 0.1922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1909 0.1802 0.1850
February 0.2524 0.1794 0.1893
March 0.3435 0.1967 0.2658
April 0.2063 0.1718 0.1928
May 0.1766 0.1376 0.1572
June 0.1530 0.1265 0.1385
July 0.1563 0.1305 0.1422
August 0.1493 0.1395 0.1444
September 0.1501 0.1324 0.1404
October 0.1484 0.1342 0.1420
November 0.1423 0.1363 0.1383
December 0.1659 0.1364 0.1491