2019 NGN to VEF Historical Review

YEARLY HIGH

810.9645 VEF

YEARLY LOW

680.0851 VEF

YEARLY AVERAGE

690.6221 VEF

2019 NGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 810.9645. Conversely, the yearly low was recorded on January 9, dropping to 680.0851.

This high-to-low spread represents a total annual volatility of 130.8794 VEF. From a start-to-finish perspective, comparing the January average rate of 683.7958 to the December average rate of 685.2812, 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 810.9645 was up 17.32% compared to the 2018 peak of 691.2366, 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 810,964,532 VEF

2018 Average 351,681,231 VEF

Yearly Trough Low 680,085,099 VEF

Transaction Impact: A difference of 130,879,433.08 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

721.4778

680.3701

JanuMarcMayJulySeptNove

NGN to VEF 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 693.1983, compared to 688.0459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1524 points.

H1 Avg (Jan–Jun) 693.1983

H2 Avg (Jul–Dec) 688.0459

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 127.8849 VEF (High: 810.8587 / Low: 682.9738). On the other end, November was the most stable month, with a tight range of 2.7461 VEF (High: 687.3794 / Low: 684.6333).

August Spread (Volatile) ±127.8849

November Spread (Stable) ±2.7461

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 28.6719 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -28.6719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 718.0522) against the same month in 2018 (average: 221.7970), the exchange rate shifted by +496.2552 (+223.74%).

2019 Avg (June) 718.0522

2018 Avg (June) 221.7970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	686.9043	680.0851	683.7958
February	688.5698	684.7200	687.4232
March	692.1661	686.9422	690.0062
April	692.8581	687.5210	690.0625
May	691.4338	687.0673	689.8500
June	810.9645	687.6416	718.0522
July	691.2035	685.9733	689.3803
August	810.8587	682.9738	693.3807
September	692.3184	684.5390	687.3141
October	688.3314	684.1343	686.8869
November	687.3794	684.6333	686.0323
December	687.3794	683.7304	685.2812