2022 NGN to SVC Historical Review

YEARLY HIGH

0.0213 SVC

YEARLY LOW

0.0195 SVC

YEARLY AVERAGE

0.0207 SVC

2022 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0213. Conversely, the yearly low was recorded on December 19, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0018 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0211 to the December average rate of 0.0197, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0213 was down 7.71% compared to the 2021 peak of 0.0231, 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 21,285 SVC

2021 Average 21,712 SVC

Yearly Trough Low 19,495 SVC

Transaction Impact: A difference of 1,789.43 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0213

0.0195

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 0.0211, compared to 0.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0211

H2 Avg (Jul–Dec) 0.0203

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0007 SVC (High: 0.0208 / Low: 0.0201). On the other end, May was the most stable month, with a tight range of 0.0000 SVC (High: 0.0211 / Low: 0.0211).

September Spread (Volatile) ±0.0007

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 0.0211) against the same month in 2021 (average: 0.0224), the exchange rate shifted by -0.0013 (-5.96%).

2022 Avg (April) 0.0211

2021 Avg (April) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0213	0.0210	0.0211
February	0.0211	0.0210	0.0210
March	0.0211	0.0210	0.0210
April	0.0213	0.0210	0.0211
May	0.0211	0.0211	0.0211
June	0.0212	0.0208	0.0211
July	0.0211	0.0206	0.0209
August	0.0211	0.0205	0.0208
September	0.0208	0.0201	0.0204
October	0.0203	0.0198	0.0201
November	0.0199	0.0197	0.0198
December	0.0197	0.0195	0.0197