2020 NGN to UAH Historical Review

YEARLY HIGH

0.0768 UAH

YEARLY LOW

0.0651 UAH

YEARLY AVERAGE

0.0709 UAH

2020 NGN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0768. Conversely, the yearly low was recorded on January 1, dropping to 0.0651.

This high-to-low spread represents a total annual volatility of 0.0117 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0667 to the December average rate of 0.0734, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0768 was down 13.26% compared to the 2019 peak of 0.0885, 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 76,774 UAH

2019 Average 71,749 UAH

Yearly Trough Low 65,066 UAH

Transaction Impact: A difference of 11,708.28 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0749

0.0660

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 0.0690, compared to 0.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0690

H2 Avg (Jul–Dec) 0.0728

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0095 UAH (High: 0.0768 / Low: 0.0673). On the other end, June was the most stable month, with a tight range of 0.0007 UAH (High: 0.0692 / Low: 0.0685).

March Spread (Volatile) ±0.0095

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0018 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0715) against the same month in 2019 (average: 0.0746), the exchange rate shifted by -0.0031 (-4.16%).

2020 Avg (March) 0.0715

2019 Avg (March) 0.0746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0692	0.0651	0.0667
February	0.0692	0.0670	0.0675
March	0.0768	0.0673	0.0715
April	0.0747	0.0691	0.0706
May	0.0694	0.0681	0.0689
June	0.0692	0.0685	0.0689
July	0.0719	0.0688	0.0705
August	0.0731	0.0708	0.0714
September	0.0743	0.0714	0.0730
October	0.0748	0.0733	0.0742
November	0.0749	0.0734	0.0741
December	0.0750	0.0719	0.0734