2022 NGN to WST Historical Review

YEARLY HIGH

0.0066 WST

YEARLY LOW

0.0060 WST

YEARLY AVERAGE

0.0063 WST

2022 NGN to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.0066. Conversely, the yearly low was recorded on December 19, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0006 WST. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0061, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0066 was down 2.48% compared to the 2021 peak of 0.0067, 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 6,569 WST

2021 Average 6,314 WST

Yearly Trough Low 6,010 WST

Transaction Impact: A difference of 559.11 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0065

0.0060

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 0.0063, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0063

H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0003 WST (High: 0.0063 / Low: 0.0060). On the other end, March was the most stable month, with a tight range of 0.0001 WST (High: 0.0063 / Low: 0.0062).

December Spread (Volatile) ±0.0003

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0065) against the same month in 2021 (average: 0.0062), the exchange rate shifted by +0.0003 (+4.28%).

2022 Avg (July) 0.0065

2021 Avg (July) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0063	0.0063
February	0.0063	0.0063	0.0063
March	0.0063	0.0062	0.0063
April	0.0063	0.0062	0.0062
May	0.0063	0.0062	0.0063
June	0.0065	0.0063	0.0063
July	0.0066	0.0064	0.0065
August	0.0065	0.0062	0.0064
September	0.0064	0.0063	0.0063
October	0.0065	0.0063	0.0064
November	0.0065	0.0063	0.0063
December	0.0063	0.0060	0.0061