2022 SVC to NGN Historical Review

YEARLY HIGH

51.2945 NGN

YEARLY LOW

46.9821 NGN

YEARLY AVERAGE

48.4115 NGN

2022 SVC to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SVC to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 51.2945. Conversely, the yearly low was recorded on April 17, dropping to 46.9821.

This high-to-low spread represents a total annual volatility of 4.3124 NGN. From a start-to-finish perspective, comparing the January average rate of 47.2955 to the December average rate of 50.8872, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 51.2945 was up 8.45% compared to the 2021 peak of 47.2981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,473 NGN

2021 Average 230,497 NGN

Yearly Trough Low 234,911 NGN

Transaction Impact: A difference of 21,562.02 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

51.2464

46.9364

JanuMarcMayJulySeptNove

SVC 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 47.4709, compared to 49.3522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8813 points.

H1 Avg (Jan–Jun) 47.4709

H2 Avg (Jul–Dec) 49.3522

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.5721 NGN (High: 49.6624 / Low: 48.0903). On the other end, May was the most stable month, with a tight range of 0.1013 NGN (High: 47.5037 / Low: 47.4023).

September Spread (Volatile) ±1.5721

May Spread (Stable) ±0.1013

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1054 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 50.8872) against the same month in 2021 (average: 46.9895), the exchange rate shifted by +3.8976 (+8.29%).

2022 Avg (December) 50.8872

2021 Avg (December) 46.9895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.5312	47.0107	47.2955
February	47.6977	47.4829	47.5639
March	47.6852	47.4578	47.5536
April	47.5991	46.9821	47.4482
May	47.5037	47.4023	47.4581
June	47.9685	47.1069	47.5058
July	48.6563	47.3571	47.8689
August	48.6930	47.3696	48.0726
September	49.6624	48.0903	48.9833
October	50.4646	49.2871	49.7917
November	50.7477	50.1762	50.5095
December	51.2945	50.6821	50.8872