2022 NGN to SEK Historical Review

YEARLY HIGH

0.0262 SEK

YEARLY LOW

0.0216 SEK

YEARLY AVERAGE

0.0239 SEK

2022 NGN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.0262. Conversely, the yearly low was recorded on January 12, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0046 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0233, the exchange rate registered a net change of 5.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0262 was up 14.64% compared to the 2021 peak of 0.0229, 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 26,248 SEK

2021 Average 21,292 SEK

Yearly Trough Low 21,612 SEK

Transaction Impact: A difference of 4,635.29 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0259

0.0218

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 0.0231, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0231

H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0020 SEK (High: 0.0255 / Low: 0.0235). On the other end, December was the most stable month, with a tight range of 0.0008 SEK (High: 0.0236 / Low: 0.0228).

November Spread (Volatile) ±0.0020

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0254) against the same month in 2021 (average: 0.0210), the exchange rate shifted by +0.0044 (+20.86%).

2022 Avg (September) 0.0254

2021 Avg (September) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0227	0.0216	0.0221
February	0.0230	0.0219	0.0224
March	0.0240	0.0222	0.0230
April	0.0238	0.0225	0.0230
May	0.0244	0.0234	0.0239
June	0.0247	0.0234	0.0241
July	0.0255	0.0241	0.0248
August	0.0254	0.0240	0.0247
September	0.0262	0.0243	0.0254
October	0.0262	0.0249	0.0256
November	0.0255	0.0235	0.0241
December	0.0236	0.0228	0.0233