2022 SLL to NGN Historical Review

YEARLY HIGH

0.0366 NGN

YEARLY LOW

0.0248 NGN

YEARLY AVERAGE

0.0315 NGN

2022 SLL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SLL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0366. Conversely, the yearly low was recorded on November 6, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.0118 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0365 to the December average rate of 0.0252, the exchange rate registered a net change of -30.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0366 was down 9.37% compared to the 2021 peak of 0.0404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183 NGN

2021 Average 194 NGN

Yearly Trough Low 124 NGN

Transaction Impact: A difference of 59.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0376

0.0239

JanuMarcMayJulySeptNove

SLL 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 0.0345, compared to 0.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.0345

H2 Avg (Jul–Dec) 0.0285

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0062 NGN (High: 0.0316 / Low: 0.0254). On the other end, December was the most stable month, with a tight range of 0.0003 NGN (High: 0.0254 / Low: 0.0251).

October Spread (Volatile) ±0.0062

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0029 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0365) against the same month in 2021 (average: 0.0381), the exchange rate shifted by -0.0016 (-4.26%).

2022 Avg (January) 0.0365

2021 Avg (January) 0.0381

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0366	0.0363	0.0365
February	0.0366	0.0359	0.0363
March	0.0365	0.0353	0.0359
April	0.0354	0.0316	0.0342
May	0.0331	0.0312	0.0324
June	0.0323	0.0315	0.0318
July	0.0318	0.0302	0.0310
August	0.0310	0.0302	0.0306
September	0.0314	0.0304	0.0309
October	0.0316	0.0254	0.0280
November	0.0254	0.0248	0.0250
December	0.0254	0.0251	0.0252