2020 SOS to NGN Historical Review

YEARLY HIGH

0.6824 NGN

YEARLY LOW

0.6177 NGN

YEARLY AVERAGE

0.6545 NGN

2020 SOS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.6824. Conversely, the yearly low was recorded on February 1, dropping to 0.6177.

This high-to-low spread represents a total annual volatility of 0.0646 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6243 to the December average rate of 0.6608, the exchange rate registered a net change of 5.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6824 was up 7.18% compared to the 2019 peak of 0.6367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,412 NGN

2019 Average 3,105 NGN

Yearly Trough Low 3,089 NGN

Transaction Impact: A difference of 323.17 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6748

0.6197

JanuMarcMayJulySeptNove

SOS 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 0.6476, compared to 0.6614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.6476

H2 Avg (Jul–Dec) 0.6614

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0512 NGN (High: 0.6739 / Low: 0.6227). On the other end, June was the most stable month, with a tight range of 0.0046 NGN (High: 0.6692 / Low: 0.6647).

March Spread (Volatile) ±0.0512

June Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0042 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.6608) against the same month in 2019 (average: 0.6254), the exchange rate shifted by +0.0354 (+5.66%).

2020 Avg (December) 0.6608

2019 Avg (December) 0.6254

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6297	0.6177	0.6243
February	0.6298	0.6177	0.6248
March	0.6739	0.6227	0.6367
April	0.6734	0.6315	0.6629
May	0.6750	0.6661	0.6702
June	0.6692	0.6647	0.6669
July	0.6703	0.6641	0.6675
August	0.6702	0.6487	0.6647
September	0.6691	0.6521	0.6605
October	0.6655	0.6515	0.6575
November	0.6624	0.6527	0.6573
December	0.6824	0.6507	0.6608