YEARLY HIGH
0.0885 UAH
YEARLY LOW
0.0640 UAH
YEARLY AVERAGE
0.0718 UAH

2019 NGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0885. Conversely, the yearly low was recorded on December 28, dropping to 0.0640.

This high-to-low spread represents a total annual volatility of 0.0245 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0768 to the December average rate of 0.0650, the exchange rate registered a net change of -15.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0885 was up 10.13% compared to the 2018 peak of 0.0804, 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 88,511 UAH
2018 Average 75,277 UAH
Yearly Trough Low 64,047 UAH
Transaction Impact: A difference of 24,464.64 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0779
0.0638
JanuMarcMayJulySeptNove

NGN to UAH 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 0.0751, compared to 0.0685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0751
H2 Avg (Jul–Dec) 0.0685

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0159 UAH (High: 0.0885 / Low: 0.0726). On the other end, January was the most stable month, with a tight range of 0.0018 UAH (High: 0.0775 / Low: 0.0757).

June Spread (Volatile) ±0.0159
January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0051 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0764) against the same month in 2018 (average: 0.0728), the exchange rate shifted by +0.0036 (+4.95%).

2019 Avg (June) 0.0764
2018 Avg (June) 0.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0775 0.0757 0.0768
February 0.0768 0.0743 0.0751
March 0.0758 0.0731 0.0746
April 0.0756 0.0731 0.0743
May 0.0749 0.0725 0.0732
June 0.0885 0.0726 0.0764
July 0.0728 0.0695 0.0713
August 0.0820 0.0682 0.0704
September 0.0698 0.0664 0.0683
October 0.0696 0.0676 0.0686
November 0.0685 0.0661 0.0671
December 0.0661 0.0640 0.0650