2020 NGN to SBD Historical Review

YEARLY HIGH

0.0234 SBD

YEARLY LOW

0.0203 SBD

YEARLY AVERAGE

0.0217 SBD

2020 NGN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.0234. Conversely, the yearly low was recorded on December 26, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0030 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0210, the exchange rate registered a net change of -8.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0234 was down 12.94% compared to the 2019 peak of 0.0268, 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 23,357 SBD

2019 Average 22,790 SBD

Yearly Trough Low 20,343 SBD

Transaction Impact: A difference of 3,013.56 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0231

0.0208

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 0.0221, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0221

H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0023 SBD (High: 0.0234 / Low: 0.0211). On the other end, June was the most stable month, with a tight range of 0.0001 SBD (High: 0.0216 / Low: 0.0215).

March Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0223) against the same month in 2019 (average: 0.0226), the exchange rate shifted by -0.0002 (-1.01%).

2020 Avg (March) 0.0223

2019 Avg (March) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0225	0.0229
February	0.0228	0.0226	0.0227
March	0.0234	0.0211	0.0223
April	0.0226	0.0213	0.0216
May	0.0217	0.0212	0.0214
June	0.0216	0.0215	0.0215
July	0.0216	0.0212	0.0215
August	0.0218	0.0213	0.0214
September	0.0215	0.0210	0.0213
October	0.0214	0.0211	0.0213
November	0.0213	0.0209	0.0211
December	0.0212	0.0203	0.0210