2020 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 106.7966. Conversely, the yearly low was recorded on March 19, dropping to 85.4444.
This high-to-low spread represents a total annual volatility of 21.3521 NGN. From a start-to-finish perspective, comparing the January average rate of 94.6918 to the December average rate of 104.3722, the exchange rate registered a net change of 10.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 106.7966 was up 8.82% compared to the 2019 peak of 98.1372, 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 2020.
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 93.9968, compared to 101.4243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.4275 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 11.1328 NGN (High: 96.5772 / Low: 85.4444). On the other end, June was the most stable month, with a tight range of 2.5954 NGN (High: 99.4895 / Low: 96.8940).
Growth Streaks & Declines
TrendsBetween April and August, 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 August and September, when the average rate fell by 2.4396 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 104.3722) against the same month in 2019 (average: 94.3273), the exchange rate shifted by +10.0450 (+10.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 96.5204 | 93.0144 | 94.6918 |
| February | 94.2949 | 91.5536 | 92.8558 |
| March | 96.5772 | 85.4444 | 92.5309 |
| April | 93.9427 | 86.4007 | 92.0143 |
| May | 96.9643 | 91.6564 | 93.7988 |
| June | 99.4895 | 96.8940 | 98.0893 |
| July | 104.4557 | 97.5147 | 99.8428 |
| August | 105.2417 | 101.0929 | 103.4996 |
| September | 104.9720 | 97.1815 | 101.0600 |
| October | 101.6463 | 96.1793 | 99.0982 |
| November | 102.1439 | 96.0272 | 100.6730 |
| December | 106.7966 | 102.7356 | 104.3722 |