YEARLY HIGH
270.0595 NGN
YEARLY LOW
220.6955 NGN
YEARLY AVERAGE
263.9796 NGN

2019 SGD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 270.0595. Conversely, the yearly low was recorded on August 26, dropping to 220.6955.

This high-to-low spread represents a total annual volatility of 49.3640 NGN. From a start-to-finish perspective, comparing the January average rate of 267.9564 to the December average rate of 267.3115, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 270.0595 was down 1.99% compared to the 2018 peak of 275.5397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,350,298 NGN
2018 Average 1,339,235 NGN
Yearly Trough Low 1,103,477 NGN
Transaction Impact: A difference of 246,820.20 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

269.2287
253.9604
JanuMarcMayJulySeptNove

SGD 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 264.0836, compared to 263.8755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2082 points.

H1 Avg (Jan–Jun) 264.0836
H2 Avg (Jul–Dec) 263.8755

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 42.5922 NGN (High: 263.2877 / Low: 220.6955). On the other end, November was the most stable month, with a tight range of 2.2255 NGN (High: 266.9062 / Low: 264.6807).

August Spread (Volatile) ±42.5922
November Spread (Stable) ±2.2255

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 May and June, when the average rate fell by 7.5687 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.5687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 267.9564) against the same month in 2018 (average: 272.4946), the exchange rate shifted by -4.5383 (-1.67%).

2019 Avg (January) 267.9564
2018 Avg (January) 272.4946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 270.0595 266.0790 267.9564
February 268.5989 265.5332 267.0292
March 267.6714 264.1450 265.9484
April 267.1685 263.3391 265.5338
May 265.3637 260.7118 262.8014
June 266.3455 224.2579 255.2327
July 267.1685 262.5069 264.7301
August 263.2877 220.6955 259.1832
September 263.5392 259.8053 262.0215
October 266.4188 261.1430 264.0125
November 266.9062 264.6807 265.9940
December 269.3741 264.9151 267.3115