2022 SDG to NGN Historical Review

YEARLY HIGH

0.9495 NGN

YEARLY LOW

0.7263 NGN

YEARLY AVERAGE

0.8594 NGN

2022 SDG to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SDG to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.9495. Conversely, the yearly low was recorded on August 31, dropping to 0.7263.

This high-to-low spread represents a total annual volatility of 0.2233 NGN. From a start-to-finish perspective, comparing the January average rate of 0.9440 to the December average rate of 0.7805, the exchange rate registered a net change of -17.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9495 was down 87.27% compared to the 2021 peak of 7.4614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,748 NGN

2021 Average 9,200 NGN

Yearly Trough Low 3,631 NGN

Transaction Impact: A difference of 1,116.35 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9642

0.7220

JanuMarcMayJulySeptNove

SDG 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 0.9289, compared to 0.7899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1390 points.

H1 Avg (Jan–Jun) 0.9289

H2 Avg (Jul–Dec) 0.7899

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1982 NGN (High: 0.9245 / Low: 0.7263). On the other end, April was the most stable month, with a tight range of 0.0073 NGN (High: 0.9336 / Low: 0.9263).

August Spread (Volatile) ±0.1982

April Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1574 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1574

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.9440) against the same month in 2021 (average: 7.0163), the exchange rate shifted by -6.0723 (-86.55%).

2022 Avg (January) 0.9440

2021 Avg (January) 7.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9495	0.9394	0.9440
February	0.9461	0.9299	0.9388
March	0.9383	0.9286	0.9313
April	0.9336	0.9263	0.9292
May	0.9284	0.9111	0.9185
June	0.9205	0.9071	0.9117
July	0.9350	0.9085	0.9176
August	0.9245	0.7263	0.7603
September	0.7571	0.7300	0.7422
October	0.7733	0.7474	0.7629
November	0.7810	0.7666	0.7758
December	0.7888	0.7761	0.7805