2022 NGN to SHP Historical Review

YEARLY HIGH

0.0022 SHP

YEARLY LOW

0.0018 SHP

YEARLY AVERAGE

0.0019 SHP

2022 NGN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.0022. Conversely, the yearly low was recorded on February 12, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0004 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0018, the exchange rate registered a net change of 3.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0022 was up 11.43% compared to the 2021 peak of 0.0019, 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 2,152 SHP

2021 Average 1,804 SHP

Yearly Trough Low 1,761 SHP

Transaction Impact: A difference of 390.78 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0021

0.0017

JanuMarcMayJulySeptNove

NGN to SHP 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 0.0019, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0019

H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0002 SHP (High: 0.0020 / Low: 0.0019). On the other end, January was the most stable month, with a tight range of 0.0000 SHP (High: 0.0018 / Low: 0.0018).

November Spread (Volatile) ±0.0002

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and July, 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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0021) against the same month in 2021 (average: 0.0018), the exchange rate shifted by +0.0003 (+16.57%).

2022 Avg (September) 0.0021

2021 Avg (September) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0018	0.0018
February	0.0018	0.0018	0.0018
March	0.0018	0.0018	0.0018
April	0.0019	0.0018	0.0019
May	0.0020	0.0019	0.0019
June	0.0020	0.0019	0.0020
July	0.0020	0.0019	0.0020
August	0.0021	0.0019	0.0020
September	0.0022	0.0020	0.0021
October	0.0021	0.0020	0.0020
November	0.0020	0.0019	0.0019
December	0.0019	0.0018	0.0018