2022 NZD to NGN Historical Review

YEARLY HIGH

290.3102 NGN

YEARLY LOW

241.2272 NGN

YEARLY AVERAGE

269.2128 NGN

2022 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 290.3102. Conversely, the yearly low was recorded on October 10, dropping to 241.2272.

This high-to-low spread represents a total annual volatility of 49.0830 NGN. From a start-to-finish perspective, comparing the January average rate of 278.8725 to the December average rate of 283.0152, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 290.3102 was down 3.66% compared to the 2021 peak of 301.3403, 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 1,451,551 NGN

2021 Average 1,425,934 NGN

Yearly Trough Low 1,206,136 NGN

Transaction Impact: A difference of 245,415.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

289.8724

243.9859

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 275.6072, compared to 262.8183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7889 points.

H1 Avg (Jan–Jun) 275.6072

H2 Avg (Jul–Dec) 262.8183

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 27.2748 NGN (High: 280.2665 / Low: 252.9917). On the other end, February was the most stable month, with a tight range of 6.7585 NGN (High: 281.6465 / Low: 274.8880).

November Spread (Volatile) ±27.2748

February Spread (Stable) ±6.7585

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 14.6173 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -14.6173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 286.0485) against the same month in 2021 (average: 276.7343), the exchange rate shifted by +9.3142 (+3.37%).

2022 Avg (March) 286.0485

2021 Avg (March) 276.7343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	283.3940	271.8005	278.8725
February	281.6465	274.8880	277.7603
March	290.3102	280.4188	286.0485
April	288.8485	268.0567	280.6268
May	272.0867	259.4570	266.0095
June	272.2655	258.2056	264.3257
July	265.3332	253.6899	259.8452
August	270.5876	256.9533	263.2866
September	261.7087	242.0406	254.4175
October	256.1719	241.2272	247.8098
November	280.2665	252.9917	268.5354
December	287.4687	278.6903	283.0152