YEARLY HIGH
45.4349 NGN
YEARLY LOW
37.2744 NGN
YEARLY AVERAGE
43.9123 NGN

2019 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 45.4349. Conversely, the yearly low was recorded on August 27, dropping to 37.2744.

This high-to-low spread represents a total annual volatility of 8.1605 NGN. From a start-to-finish perspective, comparing the January average rate of 44.8199 to the December average rate of 43.7731, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 45.4349 was down 2.74% compared to the 2018 peak of 46.7172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 227,174 NGN
2018 Average 229,293 NGN
Yearly Trough Low 186,372 NGN
Transaction Impact: A difference of 40,802.33 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

45.0752
42.0111
JanuMarcMayJulySeptNove

SBD 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 44.0208, compared to 43.8037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2170 points.

H1 Avg (Jan–Jun) 44.0208
H2 Avg (Jul–Dec) 43.8037

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 7.5409 NGN (High: 44.8153 / Low: 37.2744). On the other end, December was the most stable month, with a tight range of 0.4469 NGN (High: 44.0355 / Low: 43.5886).

August Spread (Volatile) ±7.5409
December Spread (Stable) ±0.4469

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 1.7380 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 44.8199) against the same month in 2018 (average: 46.3565), the exchange rate shifted by -1.5366 (-3.31%).

2019 Avg (January) 44.8199
2018 Avg (January) 46.3565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.4349 44.0774 44.8199
February 45.2427 44.0556 44.5583
March 44.8230 43.9167 44.3078
April 45.0251 43.8370 44.1678
May 44.4492 43.7633 44.0044
June 43.9134 37.2792 42.2664
July 44.2305 43.3840 43.7386
August 44.8153 37.2744 43.9089
September 44.5792 43.3797 43.8759
October 44.1407 43.4923 43.7394
November 44.5067 43.4057 43.7866
December 44.0355 43.5886 43.7731