2022 NGN to TWD Historical Review

YEARLY HIGH

0.0739 TWD

YEARLY LOW

0.0661 TWD

YEARLY AVERAGE

0.0703 TWD

2022 NGN to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0739. Conversely, the yearly low was recorded on January 17, dropping to 0.0661.

This high-to-low spread represents a total annual volatility of 0.0078 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0668 to the December average rate of 0.0689, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0739 was down 1.84% compared to the 2021 peak of 0.0753, 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 73,900 TWD

2021 Average 69,273 TWD

Yearly Trough Low 66,096 TWD

Transaction Impact: A difference of 7,804.59 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0740

0.0662

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 0.0691, compared to 0.0715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0691

H2 Avg (Jul–Dec) 0.0715

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0041 TWD (High: 0.0735 / Low: 0.0694). On the other end, February was the most stable month, with a tight range of 0.0009 TWD (High: 0.0675 / Low: 0.0667).

November Spread (Volatile) ±0.0041

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0733) against the same month in 2021 (average: 0.0679), the exchange rate shifted by +0.0055 (+8.03%).

2022 Avg (October) 0.0733

2021 Avg (October) 0.0679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0674	0.0661	0.0668
February	0.0675	0.0667	0.0670
March	0.0693	0.0672	0.0683
April	0.0710	0.0687	0.0699
May	0.0718	0.0699	0.0712
June	0.0717	0.0701	0.0711
July	0.0722	0.0703	0.0713
August	0.0723	0.0706	0.0715
September	0.0739	0.0716	0.0728
October	0.0739	0.0724	0.0733
November	0.0735	0.0694	0.0710
December	0.0694	0.0684	0.0689