2022 NGN to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NGN to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NGN to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 27.7175. Conversely, the yearly low was recorded on December 31, dropping to 25.0513.
This high-to-low spread represents a total annual volatility of 2.6662 UZS. From a start-to-finish perspective, comparing the January average rate of 26.1670 to the December average rate of 25.2660, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 27.7175 was down 0.17% compared to the 2021 peak of 27.7654, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.5747, compared to 25.6233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9514 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.5755 UZS (High: 27.7175 / Low: 26.1420). On the other end, February was the most stable month, with a tight range of 0.1616 UZS (High: 26.1798 / Low: 26.0181).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4569 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 26.8637) against the same month in 2021 (average: 27.0692), the exchange rate shifted by -0.2055 (-0.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.3421 | 26.0022 | 26.1670 |
| February | 26.1798 | 26.0181 | 26.0705 |
| March | 27.7175 | 26.1420 | 26.8637 |
| April | 27.4711 | 26.9109 | 27.2377 |
| May | 27.0532 | 26.5319 | 26.7808 |
| June | 26.6705 | 25.9136 | 26.3285 |
| July | 26.3701 | 25.6486 | 26.0498 |
| August | 26.3461 | 25.6423 | 25.9674 |
| September | 26.0140 | 25.2795 | 25.6255 |
| October | 25.6918 | 25.2822 | 25.5066 |
| November | 25.4204 | 25.2299 | 25.3243 |
| December | 25.4242 | 25.0513 | 25.2660 |