2020 NIO to NGN Historical Review

YEARLY HIGH

11.5752 NGN

YEARLY LOW

10.5917 NGN

YEARLY AVERAGE

11.0540 NGN

2020 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 11.5752. Conversely, the yearly low was recorded on January 25, dropping to 10.5917.

This high-to-low spread represents a total annual volatility of 0.9835 NGN. From a start-to-finish perspective, comparing the January average rate of 10.6719 to the December average rate of 11.0116, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.5752 was up 2.95% compared to the 2019 peak of 11.2437, 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 57,876 NGN

2019 Average 54,168 NGN

Yearly Trough Low 52,958 NGN

Transaction Impact: A difference of 4,917.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.5219

10.5946

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 11.0613, compared to 11.0467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 11.0613

H2 Avg (Jul–Dec) 11.0467

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.8944 NGN (High: 11.5514 / Low: 10.6569). On the other end, October was the most stable month, with a tight range of 0.1907 NGN (High: 11.1246 / Low: 10.9339).

March Spread (Volatile) ±0.8944

October Spread (Stable) ±0.1907

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.1303 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 11.4446) against the same month in 2019 (average: 10.9081), the exchange rate shifted by +0.5366 (+4.92%).

2020 Avg (May) 11.4446

2019 Avg (May) 10.9081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7973	10.5917	10.6719
February	10.7974	10.6003	10.7090
March	11.5514	10.6569	10.9168
April	11.4885	10.7247	11.2871
May	11.5752	11.2738	11.4446
June	11.4497	11.1749	11.3383
July	11.3925	11.1413	11.2080
August	11.2679	10.9165	11.0802
September	11.1536	10.9422	11.0372
October	11.1246	10.9339	10.9918
November	11.0490	10.7588	10.9516
December	11.3264	10.8842	11.0116