2019 NGN to SBD Historical Review

YEARLY HIGH

0.0268 SBD

YEARLY LOW

0.0220 SBD

YEARLY AVERAGE

0.0228 SBD

2019 NGN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0268. Conversely, the yearly low was recorded on January 23, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0048 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0228, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0268 was up 18.71% compared to the 2018 peak of 0.0226, 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 26,828 SBD

2018 Average 21,809 SBD

Yearly Trough Low 22,010 SBD

Transaction Impact: A difference of 4,818.53 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0239

0.0222

JanuMarcMayJulySeptNove

NGN to SBD 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 0.0227, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0227

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0045 SBD (High: 0.0268 / Low: 0.0223). On the other end, December was the most stable month, with a tight range of 0.0002 SBD (High: 0.0229 / Low: 0.0227).

August Spread (Volatile) ±0.0045

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0228) against the same month in 2018 (average: 0.0219), the exchange rate shifted by +0.0010 (+4.42%).

2019 Avg (August) 0.0228

2018 Avg (August) 0.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0227	0.0220	0.0223
February	0.0227	0.0221	0.0224
March	0.0228	0.0223	0.0226
April	0.0228	0.0222	0.0226
May	0.0229	0.0225	0.0227
June	0.0268	0.0228	0.0238
July	0.0230	0.0226	0.0229
August	0.0268	0.0223	0.0228
September	0.0231	0.0224	0.0228
October	0.0230	0.0227	0.0229
November	0.0230	0.0225	0.0228
December	0.0229	0.0227	0.0228