2022 NIO to NGN Historical Review

YEARLY HIGH

12.3280 NGN

YEARLY LOW

11.1373 NGN

YEARLY AVERAGE

11.8098 NGN

2022 NIO to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NIO to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 12.3280. Conversely, the yearly low was recorded on March 13, dropping to 11.1373.

This high-to-low spread represents a total annual volatility of 1.1907 NGN. From a start-to-finish perspective, comparing the January average rate of 11.6773 to the December average rate of 12.2169, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.3280 was up 4.49% compared to the 2021 peak of 11.7981, 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 61,640 NGN

2021 Average 57,467 NGN

Yearly Trough Low 55,686 NGN

Transaction Impact: A difference of 5,953.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.3367

11.5297

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 11.6370, compared to 11.9825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3454 points.

H1 Avg (Jan–Jun) 11.6370

H2 Avg (Jul–Dec) 11.9825

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.5267 NGN (High: 11.6640 / Low: 11.1373). On the other end, May was the most stable month, with a tight range of 0.0585 NGN (High: 11.6130 / Low: 11.5546).

March Spread (Volatile) ±0.5267

May Spread (Stable) ±0.0585

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1233 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 12.2694) against the same month in 2021 (average: 11.6657), the exchange rate shifted by +0.6038 (+5.18%).

2022 Avg (November) 12.2694

2021 Avg (November) 11.6657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7286	11.5551	11.6773
February	11.8076	11.6351	11.7321
March	11.6640	11.1373	11.6088
April	11.6416	11.5236	11.6100
May	11.6130	11.5546	11.5971
June	11.7084	11.5182	11.5969
July	11.8743	11.5572	11.6846
August	11.8528	11.5444	11.7006
September	12.0897	11.7196	11.9249
October	12.2755	11.9883	12.0984
November	12.3280	12.1765	12.2694
December	12.3099	12.1472	12.2169