2020 NGN to SCR Historical Review

YEARLY HIGH

0.0559 SCR

YEARLY LOW

0.0343 SCR

YEARLY AVERAGE

0.0450 SCR

2020 NGN to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0559. Conversely, the yearly low was recorded on March 16, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0216 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0552, the exchange rate registered a net change of 46.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0559 was up 24.66% compared to the 2019 peak of 0.0448, 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 55,876 SCR

2019 Average 38,012 SCR

Yearly Trough Low 34,256 SCR

Transaction Impact: A difference of 21,619.95 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0571

0.0350

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 0.0408, compared to 0.0493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.0408

H2 Avg (Jul–Dec) 0.0493

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0099 SCR (High: 0.0453 / Low: 0.0354). On the other end, July was the most stable month, with a tight range of 0.0010 SCR (High: 0.0463 / Low: 0.0454).

April Spread (Volatile) ±0.0099

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0007 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0552) against the same month in 2019 (average: 0.0378), the exchange rate shifted by +0.0174 (+46.16%).

2020 Avg (December) 0.0552

2019 Avg (December) 0.0378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0354	0.0377
February	0.0380	0.0363	0.0375
March	0.0377	0.0343	0.0369
April	0.0453	0.0354	0.0425
May	0.0465	0.0413	0.0447
June	0.0458	0.0435	0.0454
July	0.0463	0.0454	0.0456
August	0.0483	0.0459	0.0464
September	0.0472	0.0462	0.0468
October	0.0508	0.0469	0.0484
November	0.0546	0.0504	0.0533
December	0.0559	0.0537	0.0552