YEARLY HIGH
0.1190 UYU
YEARLY LOW
0.0890 UYU
YEARLY AVERAGE
0.0979 UYU

2019 NGN to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.1190. Conversely, the yearly low was recorded on January 2, dropping to 0.0890.

This high-to-low spread represents a total annual volatility of 0.0301 UYU. From a start-to-finish perspective, comparing the January average rate of 0.0897 to the December average rate of 0.1038, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1190 was up 29.85% compared to the 2018 peak of 0.0917, 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 119,041 UYU
2018 Average 84,957 UYU
Yearly Trough Low 88,965 UYU
Transaction Impact: A difference of 30,075.62 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1053
0.0883
JanuMarcMayJulySeptNove

NGN to UYU 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 0.0944, compared to 0.1015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.0944
H2 Avg (Jul–Dec) 0.1015

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0241 UYU (High: 0.1190 / Low: 0.0950). On the other end, February was the most stable month, with a tight range of 0.0006 UYU (High: 0.0905 / Low: 0.0899).

August Spread (Volatile) ±0.0241
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0051 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0999) against the same month in 2018 (average: 0.0864), the exchange rate shifted by +0.0135 (+15.62%).

2019 Avg (August) 0.0999
2018 Avg (August) 0.0864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0902 0.0890 0.0897
February 0.0905 0.0899 0.0902
March 0.0938 0.0903 0.0923
April 0.0966 0.0930 0.0948
May 0.0980 0.0964 0.0975
June 0.1154 0.0976 0.1019
July 0.0978 0.0946 0.0968
August 0.1190 0.0950 0.0999
September 0.1020 0.1008 0.1014
October 0.1038 0.1016 0.1030
November 0.1050 0.1029 0.1038
December 0.1049 0.1018 0.1038