2019 NGN to SCR Historical Review

YEARLY HIGH

0.0448 SCR

YEARLY LOW

0.0342 SCR

YEARLY AVERAGE

0.0380 SCR

2019 NGN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0448. Conversely, the yearly low was recorded on August 11, dropping to 0.0342.

This high-to-low spread represents a total annual volatility of 0.0106 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0378, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0448 was up 13.36% compared to the 2018 peak of 0.0395, 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 44,821 SCR

2018 Average 37,692 SCR

Yearly Trough Low 34,228 SCR

Transaction Impact: A difference of 10,593.11 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0397

0.0374

JanuMarcMayJulySeptNove

NGN to SCR 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 0.0382, compared to 0.0379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0382

H2 Avg (Jul–Dec) 0.0379

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0104 SCR (High: 0.0446 / Low: 0.0342). On the other end, December was the most stable month, with a tight range of 0.0002 SCR (High: 0.0379 / Low: 0.0377).

August Spread (Volatile) ±0.0104

December Spread (Stable) ±0.0002

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 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0395) against the same month in 2018 (average: 0.0375), the exchange rate shifted by +0.0020 (+5.35%).

2019 Avg (June) 0.0395

2018 Avg (June) 0.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0378	0.0374	0.0376
February	0.0382	0.0377	0.0378
March	0.0383	0.0378	0.0380
April	0.0385	0.0379	0.0380
May	0.0381	0.0378	0.0380
June	0.0448	0.0377	0.0395
July	0.0388	0.0377	0.0379
August	0.0446	0.0342	0.0379
September	0.0383	0.0376	0.0379
October	0.0381	0.0377	0.0379
November	0.0389	0.0358	0.0378
December	0.0379	0.0377	0.0378