2022 STD to NGN Historical Review

YEARLY HIGH

0.0198 NGN

YEARLY LOW

0.0175 NGN

YEARLY AVERAGE

0.0191 NGN

2022 STD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the STD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0198. Conversely, the yearly low was recorded on July 22, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0023 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0195, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0198 was down 2.32% compared to the 2021 peak of 0.0203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99 NGN

2021 Average 97 NGN

Yearly Trough Low 88 NGN

Transaction Impact: A difference of 11.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0198

0.0182

JanuMarcMayJulySeptNove

STD 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 0.0191, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0191

H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0018 NGN (High: 0.0193 / Low: 0.0175). On the other end, March was the most stable month, with a tight range of 0.0002 NGN (High: 0.0196 / Low: 0.0194).

July Spread (Volatile) ±0.0018

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0197) against the same month in 2021 (average: 0.0191), the exchange rate shifted by +0.0005 (+2.86%).

2022 Avg (February) 0.0197

2021 Avg (February) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0197	0.0194	0.0196
February	0.0198	0.0195	0.0197
March	0.0196	0.0194	0.0194
April	0.0195	0.0191	0.0192
May	0.0189	0.0180	0.0186
June	0.0191	0.0178	0.0183
July	0.0193	0.0175	0.0188
August	0.0190	0.0186	0.0188
September	0.0193	0.0188	0.0190
October	0.0193	0.0189	0.0190
November	0.0195	0.0191	0.0193
December	0.0197	0.0194	0.0195