2019 PEN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PEN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PEN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 110.1864. Conversely, the yearly low was recorded on August 27, dropping to 90.6169.
This high-to-low spread represents a total annual volatility of 19.5695 NGN. From a start-to-finish perspective, comparing the January average rate of 108.7094 to the December average rate of 108.1863, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 110.1864 was down 2.09% compared to the 2018 peak of 112.5331, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
PEN to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 108.0295, compared to 107.8319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1976 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 18.5284 NGN (High: 109.1453 / Low: 90.6169). On the other end, March was the most stable month, with a tight range of 1.0860 NGN (High: 109.4485 / Low: 108.3625).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.6416 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 109.5022) against the same month in 2018 (average: 110.0883), the exchange rate shifted by -0.5861 (-0.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.6085 | 107.7264 | 108.7094 |
| February | 109.7547 | 108.2959 | 108.8217 |
| March | 109.4485 | 108.3625 | 108.9569 |
| April | 109.7057 | 107.7530 | 109.0042 |
| May | 109.0015 | 106.7616 | 108.1631 |
| June | 109.4464 | 91.4461 | 104.5216 |
| July | 110.1864 | 108.8981 | 109.5022 |
| August | 109.1453 | 90.6169 | 106.2906 |
| September | 108.9368 | 106.4557 | 107.7321 |
| October | 108.4017 | 106.7739 | 107.7496 |
| November | 108.6006 | 106.5706 | 107.5306 |
| December | 109.6137 | 106.7545 | 108.1863 |