2020 NZD to NGN Historical Review

YEARLY HIGH

281.3221 NGN

YEARLY LOW

207.8934 NGN

YEARLY AVERAGE

247.3609 NGN

2020 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 281.3221. Conversely, the yearly low was recorded on March 22, dropping to 207.8934.

This high-to-low spread represents a total annual volatility of 73.4287 NGN. From a start-to-finish perspective, comparing the January average rate of 239.5321 to the December average rate of 272.4141, the exchange rate registered a net change of 13.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 281.3221 was up 12.12% compared to the 2019 peak of 250.9145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,406,611 NGN

2019 Average 1,186,676 NGN

Yearly Trough Low 1,039,467 NGN

Transaction Impact: A difference of 367,143.53 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

277.2463

219.2607

JanuMarcMayJulySeptNove

NZD 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 235.7052, compared to 259.0166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.3114 points.

H1 Avg (Jan–Jun) 235.7052

H2 Avg (Jul–Dec) 259.0166

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 25.7381 NGN (High: 233.6315 / Low: 207.8934). On the other end, October was the most stable month, with a tight range of 4.1682 NGN (High: 255.5287 / Low: 251.3605).

March Spread (Volatile) ±25.7381

October Spread (Stable) ±4.1682

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 8.5638 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -8.5638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 272.4141) against the same month in 2019 (average: 239.3486), the exchange rate shifted by +33.0655 (+13.81%).

2020 Avg (December) 272.4141

2019 Avg (December) 239.3486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	246.6000	233.9822	239.5321
February	236.3608	228.3930	232.6566
March	233.6315	207.8934	224.0929
April	239.2522	214.8125	231.3013
May	241.9792	229.6551	236.8844
June	254.4578	243.1268	249.7639
July	260.1687	251.2900	255.3494
August	261.2867	249.6432	254.4321
September	261.4973	249.0314	255.8039
October	255.5287	251.3605	253.6117
November	269.0270	251.0248	262.4882
December	281.3221	267.5732	272.4141