2020 NGN to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NGN to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NGN to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 64.4127. Conversely, the yearly low was recorded on December 26, dropping to 58.1609.
This high-to-low spread represents a total annual volatility of 6.2518 VND. From a start-to-finish perspective, comparing the January average rate of 63.9630 to the December average rate of 60.2211, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 64.4127 was down 15.93% compared to the 2019 peak of 76.6135, 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 2020.
NGN to VND 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 61.9045, compared to 60.3127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5918 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 4.5035 VND (High: 64.4127 / Low: 59.9092). On the other end, February was the most stable month, with a tight range of 0.8661 VND (High: 64.0954 / Low: 63.2293).
Growth Streaks & Declines
TrendsBetween July and October, 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 March and April, when the average rate fell by 1.9846 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 62.9283) against the same month in 2019 (average: 64.4142), the exchange rate shifted by -1.4859 (-2.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.2837 | 63.3442 | 63.9630 |
| February | 64.0954 | 63.2293 | 63.7940 |
| March | 64.4127 | 59.9092 | 62.9283 |
| April | 64.1797 | 59.6916 | 60.9437 |
| May | 60.3046 | 58.9622 | 59.8405 |
| June | 60.2840 | 59.3410 | 59.9573 |
| July | 60.0588 | 59.1163 | 59.7141 |
| August | 61.4086 | 59.7146 | 60.1603 |
| September | 61.0197 | 59.6935 | 60.4632 |
| October | 61.0893 | 60.0619 | 60.6728 |
| November | 61.0933 | 60.1813 | 60.6446 |
| December | 61.0303 | 58.1609 | 60.2211 |