2022 SOS to NGN Historical Review

YEARLY HIGH

0.7888 NGN

YEARLY LOW

0.7054 NGN

YEARLY AVERAGE

0.7364 NGN

2022 SOS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SOS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.7888. Conversely, the yearly low was recorded on January 1, dropping to 0.7054.

This high-to-low spread represents a total annual volatility of 0.0834 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7113 to the December average rate of 0.7829, the exchange rate registered a net change of 10.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7888 was up 10.66% compared to the 2021 peak of 0.7129, 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 3,944 NGN

2021 Average 3,471 NGN

Yearly Trough Low 3,527 NGN

Transaction Impact: A difference of 417.15 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7901

0.7041

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 0.7152, compared to 0.7576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 0.7152

H2 Avg (Jul–Dec) 0.7576

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0380 NGN (High: 0.7489 / Low: 0.7109). On the other end, May was the most stable month, with a tight range of 0.0068 NGN (High: 0.7183 / Low: 0.7114).

July Spread (Volatile) ±0.0380

May Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0018 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.7829) against the same month in 2021 (average: 0.7071), the exchange rate shifted by +0.0758 (+10.72%).

2022 Avg (December) 0.7829

2021 Avg (December) 0.7071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7178	0.7054	0.7113
February	0.7236	0.7091	0.7157
March	0.7196	0.7099	0.7154
April	0.7200	0.7118	0.7171
May	0.7183	0.7114	0.7153
June	0.7255	0.7100	0.7165
July	0.7489	0.7109	0.7271
August	0.7491	0.7181	0.7372
September	0.7643	0.7414	0.7541
October	0.7767	0.7603	0.7665
November	0.7875	0.7716	0.7776
December	0.7888	0.7799	0.7829