2024 NGN to VUV Historical Review

YEARLY HIGH

0.1382 VUV

YEARLY LOW

0.0700 VUV

YEARLY AVERAGE

0.0833 VUV

2024 NGN to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NGN to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1382. Conversely, the yearly low was recorded on November 22, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0682 VUV. From a start-to-finish perspective, comparing the January average rate of 0.1303 to the December average rate of 0.0756, the exchange rate registered a net change of -41.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1382 was down 47.65% compared to the 2023 peak of 0.2640, 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 138,200 VUV

2023 Average 200,195 VUV

Yearly Trough Low 69,972 VUV

Transaction Impact: A difference of 68,227.59 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1363

0.0650

JanuMarcMayJulySeptNove

NGN to VUV 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 0.0926, compared to 0.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.0926

H2 Avg (Jul–Dec) 0.0741

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0573 VUV (High: 0.1312 / Low: 0.0739). On the other end, October was the most stable month, with a tight range of 0.0022 VUV (High: 0.0733 / Low: 0.0711).

February Spread (Volatile) ±0.0573

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0398 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1303) against the same month in 2023 (average: 0.2597), the exchange rate shifted by -0.1294 (-49.81%).

2024 Avg (January) 0.1303

2023 Avg (January) 0.2597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1382	0.1239	0.1303
February	0.1312	0.0739	0.0905
March	0.0851	0.0737	0.0779
April	0.0988	0.0835	0.0930
May	0.0961	0.0784	0.0841
June	0.0844	0.0782	0.0796
July	0.0844	0.0715	0.0784
August	0.0754	0.0715	0.0744
September	0.0747	0.0711	0.0727
October	0.0733	0.0711	0.0725
November	0.0723	0.0700	0.0709
December	0.0768	0.0706	0.0756