2020 NGN to SEK Historical Review

YEARLY HIGH

0.0284 SEK

YEARLY LOW

0.0210 SEK

YEARLY AVERAGE

0.0242 SEK

2020 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0284. Conversely, the yearly low was recorded on December 26, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0075 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0218, the exchange rate registered a net change of -17.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0284 was down 9.91% compared to the 2019 peak of 0.0316, 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 28,441 SEK

2019 Average 26,280 SEK

Yearly Trough Low 20,974 SEK

Transaction Impact: A difference of 7,466.92 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0271

0.0213

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 0.0257, compared to 0.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0257

H2 Avg (Jul–Dec) 0.0228

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0031 SEK (High: 0.0284 / Low: 0.0253). On the other end, October was the most stable month, with a tight range of 0.0005 SEK (High: 0.0234 / Low: 0.0229).

March Spread (Volatile) ±0.0031

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0265) against the same month in 2019 (average: 0.0258), the exchange rate shifted by +0.0007 (+2.86%).

2020 Avg (March) 0.0265

2019 Avg (March) 0.0258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0266	0.0255	0.0262
February	0.0269	0.0263	0.0266
March	0.0284	0.0253	0.0265
April	0.0278	0.0250	0.0260
May	0.0255	0.0244	0.0250
June	0.0245	0.0236	0.0240
July	0.0240	0.0224	0.0233
August	0.0231	0.0222	0.0226
September	0.0240	0.0225	0.0231
October	0.0234	0.0229	0.0231
November	0.0234	0.0223	0.0226
December	0.0223	0.0210	0.0218