2022 SCR to NGN Historical Review

YEARLY HIGH

34.5335 NGN

YEARLY LOW

27.5058 NGN

YEARLY AVERAGE

31.2912 NGN

2022 SCR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SCR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 34.5335. Conversely, the yearly low was recorded on January 6, dropping to 27.5058.

This high-to-low spread represents a total annual volatility of 7.0277 NGN. From a start-to-finish perspective, comparing the January average rate of 30.0936 to the December average rate of 33.3336, the exchange rate registered a net change of 10.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 34.5335 was up 7.29% compared to the 2021 peak of 32.1863, 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 172,668 NGN

2021 Average 129,927 NGN

Yearly Trough Low 137,529 NGN

Transaction Impact: A difference of 35,138.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

33.7794

28.4295

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 30.2099, compared to 32.3725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1626 points.

H1 Avg (Jan–Jun) 30.2099

H2 Avg (Jul–Dec) 32.3725

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 4.3353 NGN (High: 31.8411 / Low: 27.5058). On the other end, March was the most stable month, with a tight range of 0.2325 NGN (High: 29.0516 / Low: 28.8190).

January Spread (Volatile) ±4.3353

March Spread (Stable) ±0.2325

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5523 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.5523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 33.3336) against the same month in 2021 (average: 30.5762), the exchange rate shifted by +2.7573 (+9.02%).

2022 Avg (December) 33.3336

2021 Avg (December) 30.5762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.8411	27.5058	30.0936
February	32.0783	28.6837	30.4277
March	29.0516	28.8190	28.8753
April	31.9529	28.6495	29.2523
May	32.5895	29.2746	31.5520
June	32.7555	28.9673	31.0583
July	32.9372	29.4311	31.5985
August	32.9780	30.5640	31.7313
September	33.7186	29.5249	31.9588
October	33.5699	31.4817	32.6316
November	34.4073	32.0098	32.9810
December	34.5335	31.4198	33.3336