2019 NIO to NGN Historical Review

YEARLY HIGH

11.2437 NGN

YEARLY LOW

9.1321 NGN

YEARLY AVERAGE

10.8342 NGN

2019 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 11.2437. Conversely, the yearly low was recorded on August 26, dropping to 9.1321.

This high-to-low spread represents a total annual volatility of 2.1116 NGN. From a start-to-finish perspective, comparing the January average rate of 11.1760 to the December average rate of 10.7042, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 11.2437 was down 3.89% compared to the 2018 peak of 11.6983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 56,218 NGN

2018 Average 57,061 NGN

Yearly Trough Low 45,660 NGN

Transaction Impact: A difference of 10,557.92 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.2447

10.4200

JanuMarcMayJulySeptNove

NIO to NGN 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 10.9220, compared to 10.7464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1756 points.

H1 Avg (Jan–Jun) 10.9220

H2 Avg (Jul–Dec) 10.7464

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.8543 NGN (High: 10.9864 / Low: 9.1321). On the other end, April was the most stable month, with a tight range of 0.1158 NGN (High: 10.9837 / Low: 10.8679).

August Spread (Volatile) ±1.8543

April Spread (Stable) ±0.1158

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4194 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 11.1760) against the same month in 2018 (average: 11.6322), the exchange rate shifted by -0.4563 (-3.92%).

2019 Avg (January) 11.1760

2018 Avg (January) 11.6322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2437	11.1086	11.1760
February	11.0980	10.9818	11.0460
March	11.0550	10.9243	10.9732
April	10.9837	10.8679	10.9399
May	10.9812	10.8108	10.9081
June	10.9506	9.1733	10.4887
July	10.9658	10.7239	10.8293
August	10.9864	9.1321	10.7105
September	10.8204	10.6949	10.7755
October	10.8093	10.6569	10.7493
November	10.7587	10.6330	10.7093
December	10.7581	10.6212	10.7042