YEARLY HIGH
27.6093 UZS
YEARLY LOW
24.4287 UZS
YEARLY AVERAGE
26.4351 UZS

2020 NGN to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 27.6093. Conversely, the yearly low was recorded on March 31, dropping to 24.4287.

This high-to-low spread represents a total annual volatility of 3.1806 UZS. From a start-to-finish perspective, comparing the January average rate of 26.3270 to the December average rate of 27.2249, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 27.6093 was down 9.76% compared to the 2019 peak of 30.5962, 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 27,609,328 UZS
2019 Average 24,529,271 UZS
Yearly Trough Low 24,428,717 UZS
Transaction Impact: A difference of 3,180,611.51 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

27.3836
25.4789
JanuMarcMayJulySeptNove

NGN to UZS 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 26.0073, compared to 26.8630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8557 points.

H1 Avg (Jan–Jun) 26.0073
H2 Avg (Jul–Dec) 26.8630

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 1.7276 UZS (High: 26.2593 / Low: 24.5317). On the other end, June was the most stable month, with a tight range of 0.1741 UZS (High: 26.3305 / Low: 26.1564).

April Spread (Volatile) ±1.7276
June Spread (Stable) ±0.1741

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5114 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 27.2249) against the same month in 2019 (average: 26.2522), the exchange rate shifted by +0.9726 (+3.71%).

2020 Avg (December) 27.2249
2019 Avg (December) 26.2522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.4386 25.9634 26.3270
February 26.3674 25.9849 26.1728
March 26.1284 24.4287 25.6615
April 26.2593 24.5317 25.6376
May 26.2154 25.9027 26.0105
June 26.3305 26.1564 26.2342
July 26.4110 26.2320 26.3232
August 26.9485 26.2636 26.5843
September 27.0696 26.5414 26.7940
October 27.2116 26.7871 27.0851
November 27.3719 26.9630 27.1665
December 27.6093 26.5382 27.2249