YEARLY HIGH
0.0122 SAR
YEARLY LOW
0.0103 SAR
YEARLY AVERAGE
0.0104 SAR

2019 NGN to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.0122. Conversely, the yearly low was recorded on January 1, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0020 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0103, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0122 was up 16.48% compared to the 2018 peak of 0.0105, 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 12,239 SAR
2018 Average 10,381 SAR
Yearly Trough Low 10,259 SAR
Transaction Impact: A difference of 1,980.58 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0109
0.0103
JanuMarcMayJulySeptNove

NGN to SAR 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 0.0105, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0019 SAR (High: 0.0122 / Low: 0.0103). On the other end, November was the most stable month, with a tight range of 0.0000 SAR (High: 0.0104 / Low: 0.0103).

August Spread (Volatile) ±0.0019
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0108) against the same month in 2018 (average: 0.0104), the exchange rate shifted by +0.0004 (+4.11%).

2019 Avg (June) 0.0108
2018 Avg (June) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0103 0.0103
February 0.0104 0.0103 0.0104
March 0.0105 0.0104 0.0104
April 0.0105 0.0104 0.0104
May 0.0104 0.0104 0.0104
June 0.0122 0.0104 0.0108
July 0.0104 0.0104 0.0104
August 0.0122 0.0103 0.0105
September 0.0105 0.0103 0.0104
October 0.0104 0.0103 0.0104
November 0.0104 0.0103 0.0104
December 0.0104 0.0103 0.0103