YEARLY HIGH
0.0629 NGN
YEARLY LOW
0.0587 NGN
YEARLY AVERAGE
0.0607 NGN

2022 PYG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PYG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0629. Conversely, the yearly low was recorded on January 31, dropping to 0.0587.

This high-to-low spread represents a total annual volatility of 0.0043 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0594 to the December average rate of 0.0616, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0629 was down 3.45% compared to the 2021 peak of 0.0652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 315 NGN
2021 Average 298 NGN
Yearly Trough Low 293 NGN
Transaction Impact: A difference of 21.30 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0618
0.0592
JanuMarcMayJulySeptNove

PYG 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 0.0601, compared to 0.0613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0601
H2 Avg (Jul–Dec) 0.0613

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0024 NGN (High: 0.0629 / Low: 0.0605). On the other end, March was the most stable month, with a tight range of 0.0004 NGN (High: 0.0599 / Low: 0.0595).

November Spread (Volatile) ±0.0024
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0615) against the same month in 2021 (average: 0.0599), the exchange rate shifted by +0.0016 (+2.70%).

2022 Avg (November) 0.0615
2021 Avg (November) 0.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0600 0.0587 0.0594
February 0.0601 0.0587 0.0597
March 0.0599 0.0595 0.0597
April 0.0609 0.0599 0.0605
May 0.0609 0.0603 0.0606
June 0.0612 0.0601 0.0606
July 0.0621 0.0602 0.0610
August 0.0620 0.0605 0.0612
September 0.0629 0.0610 0.0616
October 0.0616 0.0599 0.0609
November 0.0629 0.0605 0.0615
December 0.0627 0.0607 0.0616