2022 NGN to XCD Historical Review

YEARLY HIGH

0.0066 XCD

YEARLY LOW

0.0060 XCD

YEARLY AVERAGE

0.0064 XCD

2022 NGN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, 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 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0061, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0066 was down 7.66% compared to the 2021 peak of 0.0071, 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 6,576 XCD

2021 Average 6,706 XCD

Yearly Trough Low 6,021 XCD

Transaction Impact: A difference of 554.79 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0066

0.0060

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 0.0065, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 XCD (High: 0.0064 / Low: 0.0062). On the other end, May was the most stable month, with a tight range of 0.0000 XCD (High: 0.0065 / Low: 0.0065).

September Spread (Volatile) ±0.0002

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0065) against the same month in 2021 (average: 0.0070), the exchange rate shifted by -0.0004 (-6.28%).

2022 Avg (January) 0.0065

2021 Avg (January) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

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