2020 SYP to NGN Historical Review

YEARLY HIGH

0.7700 NGN

YEARLY LOW

0.7016 NGN

YEARLY AVERAGE

0.7409 NGN

2020 SYP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.7700. Conversely, the yearly low was recorded on January 16, dropping to 0.7016.

This high-to-low spread represents a total annual volatility of 0.0684 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7035 to the December average rate of 0.7485, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7700 was up 8.53% compared to the 2019 peak of 0.7095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,850 NGN

2019 Average 3,495 NGN

Yearly Trough Low 3,508 NGN

Transaction Impact: A difference of 342.01 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7636

0.6980

JanuMarcMayJulySeptNove

SYP 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 0.7322, compared to 0.7496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.7322

H2 Avg (Jul–Dec) 0.7496

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0532 NGN (High: 0.7609 / Low: 0.7077). On the other end, June was the most stable month, with a tight range of 0.0034 NGN (High: 0.7560 / Low: 0.7526).

March Spread (Volatile) ±0.0532

June Spread (Stable) ±0.0034

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 September and October, when the average rate fell by 0.0044 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7485) against the same month in 2019 (average: 0.7041), the exchange rate shifted by +0.0444 (+6.30%).

2020 Avg (December) 0.7485

2019 Avg (December) 0.7041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7109	0.7016	0.7035
February	0.7104	0.7029	0.7068
March	0.7609	0.7077	0.7202
April	0.7604	0.7133	0.7496
May	0.7612	0.7530	0.7581
June	0.7560	0.7526	0.7548
July	0.7595	0.7539	0.7558
August	0.7580	0.7395	0.7526
September	0.7572	0.7429	0.7501
October	0.7538	0.7422	0.7456
November	0.7501	0.7408	0.7449
December	0.7700	0.7400	0.7485