2019 NGN to TRY Historical Review

YEARLY HIGH

0.0191 TRY

YEARLY LOW

0.0143 TRY

YEARLY AVERAGE

0.0158 TRY

2019 NGN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.0191. Conversely, the yearly low was recorded on January 31, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0048 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0162, the exchange rate registered a net change of 9.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0191 was down 1.21% compared to the 2018 peak of 0.0193, 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 19,050 TRY

2018 Average 13,407 TRY

Yearly Trough Low 14,276 TRY

Transaction Impact: A difference of 4,774.62 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0170

0.0144

JanuMarcMayJulySeptNove

NGN to TRY 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 0.0157, compared to 0.0159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0157

H2 Avg (Jul–Dec) 0.0159

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0039 TRY (High: 0.0190 / Low: 0.0152). On the other end, November was the most stable month, with a tight range of 0.0003 TRY (High: 0.0160 / Low: 0.0157).

August Spread (Volatile) ±0.0039

November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0168) against the same month in 2018 (average: 0.0129), the exchange rate shifted by +0.0040 (+30.74%).

2019 Avg (June) 0.0168

2018 Avg (June) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0152	0.0143	0.0147
February	0.0148	0.0144	0.0146
March	0.0161	0.0149	0.0152
April	0.0166	0.0153	0.0160
May	0.0171	0.0162	0.0168
June	0.0191	0.0159	0.0168
July	0.0160	0.0154	0.0157
August	0.0190	0.0152	0.0158
September	0.0161	0.0156	0.0158
October	0.0164	0.0157	0.0160
November	0.0160	0.0157	0.0158
December	0.0164	0.0158	0.0162