YEARLY HIGH
0.0243 SRD
YEARLY LOW
0.0204 SRD
YEARLY AVERAGE
0.0207 SRD

2019 NGN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.0243. Conversely, the yearly low was recorded on January 9, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0039 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0206, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0243 was up 16.93% compared to the 2018 peak of 0.0208, 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 24,340 SRD
2018 Average 20,654 SRD
Yearly Trough Low 20,412 SRD
Transaction Impact: A difference of 3,928.16 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0217
0.0204
JanuMarcMayJulySeptNove

NGN to SRD 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 0.0208, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0208
H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0038 SRD (High: 0.0243 / Low: 0.0205). On the other end, November was the most stable month, with a tight range of 0.0001 SRD (High: 0.0206 / Low: 0.0205).

August Spread (Volatile) ±0.0038
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0216) against the same month in 2018 (average: 0.0207), the exchange rate shifted by +0.0008 (+3.97%).

2019 Avg (June) 0.0216
2018 Avg (June) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0206 0.0204 0.0205
February 0.0207 0.0206 0.0206
March 0.0208 0.0206 0.0207
April 0.0208 0.0206 0.0207
May 0.0208 0.0206 0.0207
June 0.0243 0.0206 0.0216
July 0.0207 0.0206 0.0207
August 0.0243 0.0205 0.0208
September 0.0208 0.0205 0.0206
October 0.0207 0.0205 0.0206
November 0.0206 0.0205 0.0206
December 0.0206 0.0205 0.0206