2020 NGN to YER Historical Review

YEARLY HIGH

0.6929 YER

YEARLY LOW

0.6339 YER

YEARLY AVERAGE

0.6588 YER

2020 NGN to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.6929. Conversely, the yearly low was recorded on December 26, dropping to 0.6339.

This high-to-low spread represents a total annual volatility of 0.0590 YER. From a start-to-finish perspective, comparing the January average rate of 0.6910 to the December average rate of 0.6521, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6929 was down 15.20% compared to the 2019 peak of 0.8171, 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 692,911 YER

2019 Average 695,671 YER

Yearly Trough Low 633,914 YER

Transaction Impact: A difference of 58,996.42 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6958

0.6386

JanuMarcMayJulySeptNove

NGN to YER 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 0.6657, compared to 0.6519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.6657

H2 Avg (Jul–Dec) 0.6519

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0479 YER (High: 0.6874 / Low: 0.6395). On the other end, June was the most stable month, with a tight range of 0.0030 YER (High: 0.6483 / Low: 0.6452).

March Spread (Volatile) ±0.0479

June Spread (Stable) ±0.0030

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 0.0249 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6910) against the same month in 2019 (average: 0.6889), the exchange rate shifted by +0.0021 (+0.31%).

2020 Avg (January) 0.6910

2019 Avg (January) 0.6889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6929	0.6838	0.6910
February	0.6916	0.6841	0.6877
March	0.6874	0.6395	0.6755
April	0.6822	0.6419	0.6506
May	0.6479	0.6409	0.6433
June	0.6483	0.6452	0.6462
July	0.6474	0.6435	0.6458
August	0.6614	0.6449	0.6499
September	0.6580	0.6461	0.6525
October	0.6580	0.6487	0.6553
November	0.6587	0.6517	0.6554
December	0.6597	0.6339	0.6521