2019 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 98.1372. Conversely, the yearly low was recorded on August 27, dropping to 77.6741.
This high-to-low spread represents a total annual volatility of 20.4631 NGN. From a start-to-finish perspective, comparing the January average rate of 96.7355 to the December average rate of 94.3273, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 98.1372 was down 9.48% compared to the 2018 peak of 108.4164, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
PLN 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 94.4657, compared to 93.1759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2898 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 16.6727 NGN (High: 94.3468 / Low: 77.6741). On the other end, May was the most stable month, with a tight range of 0.9646 NGN (High: 94.3050 / Low: 93.3404).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 2.9688 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 96.7355) against the same month in 2018 (average: 105.6112), the exchange rate shifted by -8.8757 (-8.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.1372 | 95.5081 | 96.7355 |
| February | 96.5109 | 93.8705 | 95.0209 |
| March | 96.2105 | 93.5745 | 94.6516 |
| April | 95.3982 | 93.0497 | 94.3581 |
| May | 94.3050 | 93.3404 | 93.8415 |
| June | 96.5633 | 80.4552 | 92.1865 |
| July | 96.4322 | 93.2830 | 94.8508 |
| August | 94.3468 | 77.6741 | 91.8821 |
| September | 92.5979 | 90.0273 | 91.4223 |
| October | 94.8593 | 90.3596 | 93.1114 |
| November | 95.0595 | 92.4219 | 93.4617 |
| December | 95.5517 | 92.5697 | 94.3273 |