2020 QAR to NGN Historical Review

YEARLY HIGH

108.4593 NGN

YEARLY LOW

99.2315 NGN

YEARLY AVERAGE

104.4275 NGN

2020 QAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 108.4593. Conversely, the yearly low was recorded on January 16, dropping to 99.2315.

This high-to-low spread represents a total annual volatility of 9.2278 NGN. From a start-to-finish perspective, comparing the January average rate of 99.4985 to the December average rate of 105.4089, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 108.4593 was up 8.08% compared to the 2019 peak of 100.3508, 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 542,296 NGN

2019 Average 494,454 NGN

Yearly Trough Low 496,158 NGN

Transaction Impact: A difference of 46,138.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

107.5829

98.7635

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 103.3789, compared to 105.4761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0971 points.

H1 Avg (Jan–Jun) 103.3789

H2 Avg (Jul–Dec) 105.4761

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.5252 NGN (High: 107.5315 / Low: 100.0063). On the other end, June was the most stable month, with a tight range of 0.5185 NGN (High: 106.5641 / Low: 106.0456).

March Spread (Volatile) ±7.5252

June Spread (Stable) ±0.5185

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 July and August, when the average rate fell by 0.6923 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 105.4089) against the same month in 2019 (average: 99.5957), the exchange rate shifted by +5.8132 (+5.84%).

2020 Avg (December) 105.4089

2019 Avg (December) 99.5957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.5537	99.2315	99.4985
February	100.4930	99.4232	99.9811
March	107.5315	100.0063	101.8338
April	107.1134	100.6256	105.7081
May	107.2552	106.1294	106.8480
June	106.5641	106.0456	106.4042
July	106.8498	106.2187	106.4617
August	106.6136	103.9550	105.7694
September	106.4189	104.4967	105.3785
October	105.9823	104.5043	104.9272
November	105.5298	104.3669	104.9106
December	108.4593	104.2296	105.4089