YEARLY HIGH
0.1025 TWD
YEARLY LOW
0.0823 TWD
YEARLY AVERAGE
0.0858 TWD

2019 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.1025. Conversely, the yearly low was recorded on December 31, dropping to 0.0823.

This high-to-low spread represents a total annual volatility of 0.0202 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0848 to the December average rate of 0.0834, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1025 was up 19.64% compared to the 2018 peak of 0.0857, 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 102,481 TWD
2018 Average 83,401 TWD
Yearly Trough Low 82,330 TWD
Transaction Impact: A difference of 20,150.84 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0909
0.0827
JanuMarcMayJulySeptNove

NGN to TWD 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 0.0864, compared to 0.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0864
H2 Avg (Jul–Dec) 0.0853

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0169 TWD (High: 0.1024 / Low: 0.0855). On the other end, February was the most stable month, with a tight range of 0.0008 TWD (High: 0.0855 / Low: 0.0848).

August Spread (Volatile) ±0.0169
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0903) against the same month in 2018 (average: 0.0835), the exchange rate shifted by +0.0068 (+8.10%).

2019 Avg (June) 0.0903
2018 Avg (June) 0.0835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0853 0.0841 0.0848
February 0.0855 0.0848 0.0852
March 0.0861 0.0852 0.0857
April 0.0862 0.0853 0.0857
May 0.0879 0.0855 0.0867
June 0.1025 0.0857 0.0903
July 0.0866 0.0855 0.0862
August 0.1024 0.0855 0.0875
September 0.0869 0.0852 0.0859
October 0.0860 0.0839 0.0847
November 0.0844 0.0835 0.0841
December 0.0843 0.0823 0.0834