YEARLY HIGH
0.1087 UYU
YEARLY LOW
0.0862 UYU
YEARLY AVERAGE
0.0974 UYU

2022 NGN to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1087. Conversely, the yearly low was recorded on December 22, dropping to 0.0862.

This high-to-low spread represents a total annual volatility of 0.0225 UYU. From a start-to-finish perspective, comparing the January average rate of 0.1076 to the December average rate of 0.0875, the exchange rate registered a net change of -18.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1087 was down 7.33% compared to the 2021 peak of 0.1173, 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 108,663 UYU
2021 Average 108,092 UYU
Yearly Trough Low 86,155 UYU
Transaction Impact: A difference of 22,508.31 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1096
0.0855
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 0.1011, compared to 0.0936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.1011
H2 Avg (Jul–Dec) 0.0936

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0064 UYU (High: 0.1008 / Low: 0.0945). On the other end, June was the most stable month, with a tight range of 0.0024 UYU (High: 0.0966 / Low: 0.0942).

July Spread (Volatile) ±0.0064
June Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0042 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1076) against the same month in 2021 (average: 0.1091), the exchange rate shifted by -0.0015 (-1.37%).

2022 Avg (January) 0.1076
2021 Avg (January) 0.1091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1087 0.1057 0.1076
February 0.1057 0.1016 0.1038
March 0.1030 0.0986 0.1020
April 0.1002 0.0965 0.0992
May 0.1007 0.0961 0.0985
June 0.0966 0.0942 0.0957
July 0.1008 0.0945 0.0977
August 0.0988 0.0947 0.0961
September 0.0972 0.0939 0.0955
October 0.0964 0.0922 0.0945
November 0.0925 0.0884 0.0903
December 0.0896 0.0862 0.0875