2019 QAR to NGN Historical Review

YEARLY HIGH

100.3508 NGN

YEARLY LOW

84.1510 NGN

YEARLY AVERAGE

98.8875 NGN

2019 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 100.3508. Conversely, the yearly low was recorded on June 10, dropping to 84.1510.

This high-to-low spread represents a total annual volatility of 16.1999 NGN. From a start-to-finish perspective, comparing the January average rate of 99.8036 to the December average rate of 99.5957, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 100.3508 was down 0.54% compared to the 2018 peak of 100.8955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 501,754 NGN

2018 Average 496,124 NGN

Yearly Trough Low 420,755 NGN

Transaction Impact: A difference of 80,999.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

100.2352

95.0570

JanuMarcMayJulySeptNove

QAR 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 98.5507, compared to 99.2242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6735 points.

H1 Avg (Jan–Jun) 98.5507

H2 Avg (Jul–Dec) 99.2242

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 15.7544 NGN (High: 99.9209 / Low: 84.1665). On the other end, November was the most stable month, with a tight range of 0.3718 NGN (High: 99.6577 / Low: 99.2859).

August Spread (Volatile) ±15.7544

November Spread (Stable) ±0.3718

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 3.4397 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.4397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 99.8036) against the same month in 2018 (average: 98.9367), the exchange rate shifted by +0.8670 (+0.88%).

2019 Avg (January) 99.8036

2018 Avg (January) 98.9367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.3508	99.3518	99.8036
February	99.6644	99.0790	99.2762
March	99.2859	98.5934	98.9071
April	99.2584	98.5139	98.9007
May	99.3274	98.7124	98.9282
June	99.2410	84.1510	95.4885
July	99.4841	98.7366	98.9952
August	99.9209	84.1665	98.6024
September	99.6979	98.5776	99.2943
October	99.6757	99.1483	99.3750
November	99.6577	99.2859	99.4828
December	99.8034	99.2927	99.5957