2020 NGN to SYP Historical Review

YEARLY HIGH

1.4254 SYP

YEARLY LOW

1.2987 SYP

YEARLY AVERAGE

1.3507 SYP

2020 NGN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.4254. Conversely, the yearly low was recorded on December 26, dropping to 1.2987.

This high-to-low spread represents a total annual volatility of 0.1266 SYP. From a start-to-finish perspective, comparing the January average rate of 1.4216 to the December average rate of 1.3362, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4254 was down 15.32% compared to the 2019 peak of 1.6833, 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 1,425,359 SYP

2019 Average 1,431,461 SYP

Yearly Trough Low 1,298,737 SYP

Transaction Impact: A difference of 126,621.75 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4318

1.3089

JanuMarcMayJulySeptNove

NGN to SYP 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 1.3673, compared to 1.3342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0331 points.

H1 Avg (Jan–Jun) 1.3673

H2 Avg (Jul–Dec) 1.3342

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0988 SYP (High: 1.4131 / Low: 1.3143). On the other end, June was the most stable month, with a tight range of 0.0060 SYP (High: 1.3288 / Low: 1.3227).

March Spread (Volatile) ±0.0988

June Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0547 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.4216) against the same month in 2019 (average: 1.4172), the exchange rate shifted by +0.0044 (+0.31%).

2020 Avg (January) 1.4216

2019 Avg (January) 1.4172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4254	1.4067	1.4216
February	1.4227	1.4076	1.4147
March	1.4131	1.3143	1.3891
April	1.4020	1.3151	1.3344
May	1.3280	1.3136	1.3191
June	1.3288	1.3227	1.3249
July	1.3265	1.3166	1.3231
August	1.3522	1.3192	1.3287
September	1.3461	1.3207	1.3333
October	1.3473	1.3266	1.3411
November	1.3499	1.3331	1.3425
December	1.3513	1.2987	1.3362