2022 PLN to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PLN to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PLN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 105.8480. Conversely, the yearly low was recorded on July 13, dropping to 86.2165.
This high-to-low spread represents a total annual volatility of 19.6315 NGN. From a start-to-finish perspective, comparing the January average rate of 102.8668 to the December average rate of 100.8059, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 105.8480 was down 6.14% compared to the 2021 peak of 112.7772, 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 2022.
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 98.0860, compared to 92.6336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4524 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 9.4045 NGN (High: 99.9820 / Low: 90.5775). On the other end, December was the most stable month, with a tight range of 3.3599 NGN (High: 102.2628 / Low: 98.9029).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 7.0407 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 103.4425) against the same month in 2021 (average: 104.8844), the exchange rate shifted by -1.4419 (-1.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 104.6664 | 100.9567 | 102.8668 |
| February | 105.8480 | 98.5114 | 103.4425 |
| March | 99.9820 | 90.5775 | 96.4017 |
| April | 99.3549 | 92.9652 | 96.7037 |
| May | 97.4935 | 92.2435 | 94.4786 |
| June | 97.4937 | 92.5157 | 94.6224 |
| July | 92.4889 | 86.2165 | 89.6890 |
| August | 92.4112 | 88.4203 | 90.3123 |
| September | 92.2831 | 86.8242 | 89.5762 |
| October | 92.5232 | 86.5399 | 89.2815 |
| November | 99.1063 | 91.0473 | 96.1365 |
| December | 102.2628 | 98.9029 | 100.8059 |