YEARLY HIGH
29.2158 NGN
YEARLY LOW
22.3109 NGN
YEARLY AVERAGE
26.3260 NGN

2019 SCR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 29.2158. Conversely, the yearly low was recorded on June 8, dropping to 22.3109.

This high-to-low spread represents a total annual volatility of 6.9049 NGN. From a start-to-finish perspective, comparing the January average rate of 26.6226 to the December average rate of 26.4680, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 29.2158 was up 7.56% compared to the 2018 peak of 27.1632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,079 NGN
2018 Average 132,671 NGN
Yearly Trough Low 111,555 NGN
Transaction Impact: A difference of 34,524.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

26.7414
25.3153
JanuMarcMayJulySeptNove

SCR 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 26.2350, compared to 26.4169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1819 points.

H1 Avg (Jan–Jun) 26.2350
H2 Avg (Jul–Dec) 26.4169

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 6.7996 NGN (High: 29.2158 / Low: 22.4163). On the other end, December was the most stable month, with a tight range of 0.1419 NGN (High: 26.5288 / Low: 26.3869).

August Spread (Volatile) ±6.7996
December Spread (Stable) ±0.1419

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 0.9061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 26.4344) against the same month in 2018 (average: 26.5639), the exchange rate shifted by -0.1295 (-0.49%).

2019 Avg (August) 26.4344
2018 Avg (August) 26.5639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.7706 26.4780 26.6226
February 26.5318 26.1880 26.4284
March 26.4468 26.1367 26.2987
April 26.3821 25.9584 26.2858
May 26.4648 26.2699 26.3402
June 26.5152 22.3109 25.4342
July 26.5338 25.7834 26.3604
August 29.2158 22.4163 26.4344
September 26.5660 26.1215 26.3965
October 26.5186 26.2802 26.3829
November 27.9385 25.7289 26.4594
December 26.5288 26.3869 26.4680