2022 SBD to NGN Historical Review

YEARLY HIGH

54.6674 NGN

YEARLY LOW

50.4003 NGN

YEARLY AVERAGE

52.0526 NGN

2022 SBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 54.6674. Conversely, the yearly low was recorded on August 3, dropping to 50.4003.

This high-to-low spread represents a total annual volatility of 4.2671 NGN. From a start-to-finish perspective, comparing the January average rate of 51.2375 to the December average rate of 54.1483, the exchange rate registered a net change of 5.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 54.6674 was up 5.47% compared to the 2021 peak of 51.8307, 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 273,337 NGN

2021 Average 251,386 NGN

Yearly Trough Low 252,002 NGN

Transaction Impact: A difference of 21,335.47 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

54.4515

50.8130

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 51.4455, compared to 52.6597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2142 points.

H1 Avg (Jan–Jun) 51.4455

H2 Avg (Jul–Dec) 52.6597

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.3801 NGN (High: 53.4743 / Low: 51.0942). On the other end, March was the most stable month, with a tight range of 0.4675 NGN (High: 51.9349 / Low: 51.4674).

September Spread (Volatile) ±2.3801

March Spread (Stable) ±0.4675

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 April and May, when the average rate fell by 0.6372 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 54.1483) against the same month in 2021 (average: 50.8398), the exchange rate shifted by +3.3085 (+6.51%).

2022 Avg (December) 54.1483

2021 Avg (December) 50.8398

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.5394	50.8166	51.2375
February	51.7577	51.2464	51.4470
March	51.9349	51.4674	51.7173
April	52.1357	51.6465	51.8682
May	51.7117	51.0635	51.2310
June	51.7660	50.8491	51.1719
July	52.1869	50.6517	51.3494
August	51.9371	50.4003	51.1162
September	53.4743	51.0942	52.3457
October	53.8463	53.0261	53.3323
November	54.0266	52.9474	53.6659
December	54.6674	53.8846	54.1483