2019 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு
2019 ஆம் ஆண்டு முழுவதும் நாணய மாற்று விகிதச் செயல்பாட்டின் விரிவான பகுப்பாய்வு.
2019 NGN to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 70.3566. Conversely, the yearly low was recorded on January 9, dropping to 57.6133.
This high-to-low spread represents a total annual volatility of 12.7433 STD. From a start-to-finish perspective, comparing the January average rate of 57.9277 to the December average rate of 59.4605, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 70.3566 was up 19.59% compared to the 2018 peak of 58.8335, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NGN to STD 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 58.7476, compared to 59.7004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9528 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 11.0963 STD (High: 70.3566 / Low: 59.2603). On the other end, November was the most stable month, with a tight range of 0.2383 STD (High: 59.6426 / Low: 59.4043).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 1.1538 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 60.1633) against the same month in 2018 (average: 58.3054), the exchange rate shifted by +1.8579 (+3.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.1910 | 57.6133 | 57.9277 |
| February | 58.3321 | 58.0060 | 58.2350 |
| March | 58.6368 | 58.1942 | 58.4538 |
| April | 58.6954 | 58.2433 | 58.4586 |
| May | 58.5747 | 58.2048 | 58.4406 |
| June | 68.7008 | 58.2535 | 60.9699 |
| July | 59.9744 | 59.5206 | 59.8162 |
| August | 70.3566 | 59.2603 | 60.1633 |
| September | 60.0711 | 59.3961 | 59.6369 |
| October | 59.7252 | 59.3610 | 59.5998 |
| November | 59.6426 | 59.4043 | 59.5257 |
| December | 59.6426 | 59.3260 | 59.4605 |