2020 NGN to XCD Historical Review

YEARLY HIGH

0.0075 XCD

YEARLY LOW

0.0068 XCD

YEARLY AVERAGE

0.0071 XCD

2020 NGN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0075. Conversely, the yearly low was recorded on December 26, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0006 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0070, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0075 was down 15.19% compared to the 2019 peak of 0.0088, 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 7,480 XCD

2019 Average 7,511 XCD

Yearly Trough Low 6,843 XCD

Transaction Impact: A difference of 636.87 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0075

0.0069

JanuMarcMayJulySeptNove

NGN to XCD 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 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0072

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0005 XCD (High: 0.0074 / Low: 0.0069). On the other end, June was the most stable month, with a tight range of 0.0000 XCD (High: 0.0070 / Low: 0.0070).

March Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0075) against the same month in 2019 (average: 0.0074), the exchange rate shifted by +0.0000 (+0.31%).

2020 Avg (January) 0.0075

2019 Avg (January) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0075	0.0074	0.0075
February	0.0075	0.0074	0.0074
March	0.0074	0.0069	0.0073
April	0.0074	0.0069	0.0070
May	0.0070	0.0069	0.0069
June	0.0070	0.0070	0.0070
July	0.0070	0.0069	0.0070
August	0.0071	0.0070	0.0070
September	0.0071	0.0070	0.0070
October	0.0071	0.0070	0.0071
November	0.0071	0.0070	0.0071
December	0.0071	0.0068	0.0070