2020 NGN to WST Historical Review

YEARLY HIGH

0.0077 WST

YEARLY LOW

0.0064 WST

YEARLY AVERAGE

0.0070 WST

2020 NGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0077. Conversely, the yearly low was recorded on December 25, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0013 WST. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0066, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0077 was down 11.05% compared to the 2019 peak of 0.0086, 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 7,681 WST

2019 Average 7,307 WST

Yearly Trough Low 6,404 WST

Transaction Impact: A difference of 1,277.53 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0074

0.0066

JanuMarcMayJulySeptNove

NGN to WST 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 0.0072, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0072

H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0007 WST (High: 0.0077 / Low: 0.0070). On the other end, October was the most stable month, with a tight range of 0.0001 WST (High: 0.0069 / Low: 0.0068).

April Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0072) against the same month in 2019 (average: 0.0072), the exchange rate shifted by -0.0000 (-0.43%).

2020 Avg (April) 0.0072

2019 Avg (April) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0073	0.0072	0.0073
February	0.0074	0.0073	0.0074
March	0.0076	0.0069	0.0073
April	0.0077	0.0070	0.0072
May	0.0072	0.0070	0.0071
June	0.0071	0.0068	0.0070
July	0.0070	0.0067	0.0068
August	0.0069	0.0067	0.0068
September	0.0070	0.0067	0.0068
October	0.0069	0.0068	0.0069
November	0.0069	0.0067	0.0068
December	0.0068	0.0064	0.0066