2020 NGN to TWD Historical Review

YEARLY HIGH

0.0839 TWD

YEARLY LOW

0.0712 TWD

YEARLY AVERAGE

0.0775 TWD

2020 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0839. Conversely, the yearly low was recorded on December 26, dropping to 0.0712.

This high-to-low spread represents a total annual volatility of 0.0127 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0828 to the December average rate of 0.0734, the exchange rate registered a net change of -11.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0839 was down 18.16% compared to the 2019 peak of 0.1025, 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 83,870 TWD

2019 Average 85,844 TWD

Yearly Trough Low 71,208 TWD

Transaction Impact: A difference of 12,662.12 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0838

0.0725

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 0.0798, compared to 0.0753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0798

H2 Avg (Jul–Dec) 0.0753

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0061 TWD (High: 0.0825 / Low: 0.0764). On the other end, July was the most stable month, with a tight range of 0.0009 TWD (High: 0.0762 / Low: 0.0753).

April Spread (Volatile) ±0.0061

July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0031 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0828) against the same month in 2019 (average: 0.0848), the exchange rate shifted by -0.0019 (-2.25%).

2020 Avg (January) 0.0828

2019 Avg (January) 0.0848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0839	0.0817	0.0828
February	0.0839	0.0822	0.0829
March	0.0832	0.0773	0.0812
April	0.0825	0.0764	0.0782
May	0.0775	0.0765	0.0769
June	0.0773	0.0760	0.0765
July	0.0762	0.0753	0.0759
August	0.0778	0.0755	0.0762
September	0.0769	0.0754	0.0761
October	0.0757	0.0742	0.0751
November	0.0753	0.0743	0.0747
December	0.0748	0.0712	0.0734