2022 SAR to NGN Historical Review

YEARLY HIGH

119.3245 NGN

YEARLY LOW

109.4878 NGN

YEARLY AVERAGE

112.8153 NGN

2022 SAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 119.3245. Conversely, the yearly low was recorded on January 9, dropping to 109.4878.

This high-to-low spread represents a total annual volatility of 9.8368 NGN. From a start-to-finish perspective, comparing the January average rate of 110.2542 to the December average rate of 118.4521, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 119.3245 was up 8.21% compared to the 2021 peak of 110.2712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 596,623 NGN

2021 Average 537,707 NGN

Yearly Trough Low 547,439 NGN

Transaction Impact: A difference of 49,183.83 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

119.2718

109.4344

JanuMarcMayJulySeptNove

SAR 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 110.7422, compared to 114.8884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1462 points.

H1 Avg (Jan–Jun) 110.7422

H2 Avg (Jul–Dec) 114.8884

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 4.1294 NGN (High: 116.2198 / Low: 112.0903). On the other end, May was the most stable month, with a tight range of 0.7186 NGN (High: 110.8436 / Low: 110.1250).

September Spread (Volatile) ±4.1294

May Spread (Stable) ±0.7186

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1393 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 118.4521) against the same month in 2021 (average: 109.5780), the exchange rate shifted by +8.8740 (+8.10%).

2022 Avg (December) 118.4521

2021 Avg (December) 109.5780

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	110.8431	109.4878	110.2542
February	111.5912	110.4320	110.9131
March	111.5239	110.6808	110.9138
April	111.2648	110.5431	110.8232
May	110.8436	110.1250	110.6838
June	111.8674	110.5771	110.8654
July	113.2028	110.3818	111.5107
August	113.5382	110.5051	112.0501
September	116.2198	112.0903	113.9492
October	117.0808	115.0158	115.9010
November	118.1582	115.9365	117.4674
December	119.3245	117.9825	118.4521