2019 NGN to USD Historical Review

YEARLY HIGH

0.0033 USD

YEARLY LOW

0.0027 USD

YEARLY AVERAGE

0.0028 USD

2019 NGN to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.0033. Conversely, the yearly low was recorded on January 9, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0005 USD. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0028, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0033 was up 16.93% compared to the 2018 peak of 0.0028, 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 3,264 USD

2018 Average 2,768 USD

Yearly Trough Low 2,737 USD

Transaction Impact: A difference of 526.70 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0029

0.0027

JanuMarcMayJulySeptNove

NGN to USD 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 0.0028, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0005 USD (High: 0.0033 / Low: 0.0027). On the other end, November was the most stable month, with a tight range of 0.0000 USD (High: 0.0028 / Low: 0.0028).

August Spread (Volatile) ±0.0005

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0029) against the same month in 2018 (average: 0.0028), the exchange rate shifted by +0.0001 (+4.10%).

2019 Avg (June) 0.0029

2018 Avg (June) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0028	0.0027	0.0028
February	0.0028	0.0028	0.0028
March	0.0028	0.0028	0.0028
April	0.0028	0.0028	0.0028
May	0.0028	0.0028	0.0028
June	0.0033	0.0028	0.0029
July	0.0028	0.0028	0.0028
August	0.0033	0.0027	0.0028
September	0.0028	0.0028	0.0028
October	0.0028	0.0028	0.0028
November	0.0028	0.0028	0.0028
December	0.0028	0.0028	0.0028