2019 NGN to SOS Historical Review

YEARLY HIGH

1.9090 SOS

YEARLY LOW

1.5706 SOS

YEARLY AVERAGE

1.6115 SOS

2019 NGN to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 1.9090. Conversely, the yearly low was recorded on August 25, dropping to 1.5706.

This high-to-low spread represents a total annual volatility of 0.3383 SOS. From a start-to-finish perspective, comparing the January average rate of 1.5969 to the December average rate of 1.5991, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9090 was up 17.26% compared to the 2018 peak of 1.6280, 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 1,908,957 SOS

2018 Average 1,602,107 SOS

Yearly Trough Low 1,570,623 SOS

Transaction Impact: A difference of 338,334.55 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6870

1.5887

JanuMarcMayJulySeptNove

NGN to SOS 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 1.6186, compared to 1.6044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 1.6186

H2 Avg (Jul–Dec) 1.6044

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3192 SOS (High: 1.8898 / Low: 1.5706). On the other end, April was the most stable month, with a tight range of 0.0080 SOS (High: 1.6132 / Low: 1.6052).

August Spread (Volatile) ±0.3192

April Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0686 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1.6788) against the same month in 2018 (average: 1.6014), the exchange rate shifted by +0.0774 (+4.83%).

2019 Avg (June) 1.6788

2018 Avg (June) 1.6014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6058	1.5837	1.5969
February	1.6108	1.5936	1.6033
March	1.6259	1.6019	1.6107
April	1.6132	1.6052	1.6095
May	1.6236	1.6035	1.6125
June	1.9090	1.6046	1.6788
July	1.6222	1.5991	1.6102
August	1.8898	1.5706	1.6137
September	1.6103	1.5939	1.6022
October	1.6100	1.5940	1.6020
November	1.6072	1.5941	1.5994
December	1.6083	1.5940	1.5991