YEARLY HIGH
0.0298 TJS
YEARLY LOW
0.0256 TJS
YEARLY AVERAGE
0.0271 TJS

2020 NGN to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0298. Conversely, the yearly low was recorded on March 23, dropping to 0.0256.

This high-to-low spread represents a total annual volatility of 0.0042 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0268 to the December average rate of 0.0295, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0298 was down 5.68% compared to the 2019 peak of 0.0316, 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 29,843 TJS
2019 Average 26,474 TJS
Yearly Trough Low 25,611 TJS
Transaction Impact: A difference of 4,231.72 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0298
0.0260
JanuMarcMayJulySeptNove

NGN to TJS 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 0.0266, compared to 0.0277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0266
H2 Avg (Jul–Dec) 0.0277

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0029 TJS (High: 0.0298 / Low: 0.0269). On the other end, July was the most stable month, with a tight range of 0.0002 TJS (High: 0.0267 / Low: 0.0265).

November Spread (Volatile) ±0.0029
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0295) against the same month in 2019 (average: 0.0267), the exchange rate shifted by +0.0028 (+10.47%).

2020 Avg (December) 0.0295
2019 Avg (December) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0268 0.0266 0.0268
February 0.0268 0.0265 0.0266
March 0.0280 0.0256 0.0265
April 0.0279 0.0262 0.0266
May 0.0266 0.0262 0.0263
June 0.0267 0.0265 0.0266
July 0.0267 0.0265 0.0266
August 0.0273 0.0266 0.0268
September 0.0271 0.0266 0.0269
October 0.0272 0.0268 0.0270
November 0.0298 0.0269 0.0292
December 0.0298 0.0287 0.0295