YEARLY HIGH
0.0286 SVC
YEARLY LOW
0.0238 SVC
YEARLY AVERAGE
0.0243 SVC

2019 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0286. Conversely, the yearly low was recorded on August 25, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0049 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0241 to the December average rate of 0.0241, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0286 was up 17.27% compared to the 2018 peak of 0.0244, 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 28,617 SVC
2018 Average 24,217 SVC
Yearly Trough Low 23,757 SVC
Transaction Impact: A difference of 4,859.43 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0254
0.0240
JanuMarcMayJulySeptNove

NGN to SVC 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 0.0244, compared to 0.0242 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) 0.0244
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0048 SVC (High: 0.0286 / Low: 0.0238). On the other end, November was the most stable month, with a tight range of 0.0001 SVC (High: 0.0242 / Low: 0.0241).

August Spread (Volatile) ±0.0048
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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0253) against the same month in 2018 (average: 0.0243), the exchange rate shifted by +0.0010 (+4.08%).

2019 Avg (June) 0.0253
2018 Avg (June) 0.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0242 0.0240 0.0241
February 0.0243 0.0241 0.0242
March 0.0244 0.0242 0.0243
April 0.0244 0.0242 0.0243
May 0.0243 0.0242 0.0243
June 0.0286 0.0242 0.0253
July 0.0243 0.0242 0.0243
August 0.0286 0.0238 0.0244
September 0.0244 0.0241 0.0242
October 0.0242 0.0241 0.0242
November 0.0242 0.0241 0.0242
December 0.0242 0.0241 0.0241