2019 NGN to SEK Historical Review

YEARLY HIGH

0.0316 SEK

YEARLY LOW

0.0243 SEK

YEARLY AVERAGE

0.0263 SEK

2019 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.0316. Conversely, the yearly low was recorded on January 9, dropping to 0.0243.

This high-to-low spread represents a total annual volatility of 0.0073 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0260, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0316 was up 23.66% compared to the 2018 peak of 0.0255, 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 31,568 SEK

2018 Average 24,079 SEK

Yearly Trough Low 24,261 SEK

Transaction Impact: A difference of 7,306.37 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0274

0.0245

JanuMarcMayJulySeptNove

NGN to SEK 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 0.0260, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0260

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0053 SEK (High: 0.0316 / Low: 0.0262). On the other end, May was the most stable month, with a tight range of 0.0005 SEK (High: 0.0268 / Low: 0.0264).

August Spread (Volatile) ±0.0053

May Spread (Stable) ±0.0005

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 0.0010 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0269) against the same month in 2018 (average: 0.0251), the exchange rate shifted by +0.0018 (+7.09%).

2019 Avg (August) 0.0269

2018 Avg (August) 0.0251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0251	0.0243	0.0247
February	0.0259	0.0251	0.0256
March	0.0263	0.0253	0.0258
April	0.0265	0.0256	0.0259
May	0.0268	0.0264	0.0266
June	0.0308	0.0257	0.0272
July	0.0268	0.0258	0.0261
August	0.0316	0.0262	0.0269
September	0.0272	0.0266	0.0269
October	0.0275	0.0266	0.0270
November	0.0269	0.0263	0.0266
December	0.0264	0.0257	0.0260