2022 SRD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SRD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SRD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 20.5582. Conversely, the yearly low was recorded on December 5, dropping to 13.8905.
This high-to-low spread represents a total annual volatility of 6.6678 NGN. From a start-to-finish perspective, comparing the January average rate of 19.5583 to the December average rate of 14.0594, the exchange rate registered a net change of -28.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 20.5582 was down 29.54% compared to the 2021 peak of 29.1790, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SRD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.8149, compared to 15.9005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9144 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 1.7357 NGN (High: 18.9055 / Low: 17.1698). On the other end, April was the most stable month, with a tight range of 0.1996 NGN (High: 20.1439 / Low: 19.9443).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.3553 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 20.1917) against the same month in 2021 (average: 27.5472), the exchange rate shifted by -7.3554 (-26.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.9157 | 19.2970 | 19.5583 |
| February | 20.5582 | 19.8654 | 20.1917 |
| March | 20.4438 | 19.9982 | 20.1965 |
| April | 20.1439 | 19.9443 | 20.0522 |
| May | 20.0299 | 19.6563 | 19.8137 |
| June | 19.6490 | 18.5768 | 19.0771 |
| July | 18.9055 | 17.1698 | 18.3097 |
| August | 17.7145 | 16.6015 | 17.2310 |
| September | 16.6931 | 15.1234 | 15.8758 |
| October | 15.7414 | 15.0296 | 15.3522 |
| November | 15.0524 | 14.0342 | 14.5747 |
| December | 14.1612 | 13.8905 | 14.0594 |