2022 NGN to STD Historical Review

YEARLY HIGH

57.0464 STD

YEARLY LOW

50.4824 STD

YEARLY AVERAGE

52.3332 STD

2022 NGN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 57.0464. Conversely, the yearly low was recorded on February 12, dropping to 50.4824.

This high-to-low spread represents a total annual volatility of 6.5641 STD. From a start-to-finish perspective, comparing the January average rate of 51.1167 to the December average rate of 51.2459, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 57.0464 was up 4.29% compared to the 2021 peak of 54.6978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 57,046,441 STD

2021 Average 51,415,296 STD

Yearly Trough Low 50,482,383 STD

Transaction Impact: A difference of 6,564,058.16 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

54.9851

50.4364

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 52.2745, compared to 52.3920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1174 points.

H1 Avg (Jan–Jun) 52.2745

H2 Avg (Jul–Dec) 52.3920

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 5.3352 STD (High: 57.0464 / Low: 51.7112). On the other end, March was the most stable month, with a tight range of 0.5225 STD (High: 51.6156 / Low: 51.0931).

July Spread (Volatile) ±5.3352

March Spread (Stable) ±0.5225

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 1.4002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.4002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 53.2059) against the same month in 2021 (average: 50.1184), the exchange rate shifted by +3.0875 (+6.16%).

2022 Avg (July) 53.2059

2021 Avg (July) 50.1184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.6514	50.7598	51.1167
February	51.4032	50.4824	50.8155
March	51.6156	51.0931	51.4350
April	52.3140	51.3912	52.0254
May	55.5211	52.8898	53.6484
June	56.0379	52.3656	54.6061
July	57.0464	51.7112	53.2059
August	53.8469	52.5118	53.0884
September	53.1606	51.7227	52.5294
October	53.0423	51.8405	52.5735
November	52.3741	51.4028	51.7087
December	51.4631	50.8510	51.2459

2022 NGN నుండి STD చారిత్రక సమీక్ష