YEARLY HIGH
38.7122 NGN
YEARLY LOW
31.6047 NGN
YEARLY AVERAGE
37.8014 NGN

2019 TJS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TJS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 38.7122. Conversely, the yearly low was recorded on August 26, dropping to 31.6047.

This high-to-low spread represents a total annual volatility of 7.1075 NGN. From a start-to-finish perspective, comparing the January average rate of 38.5333 to the December average rate of 37.4373, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 38.7122 was down 5.82% compared to the 2018 peak of 41.1046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,561 NGN
2018 Average 197,581 NGN
Yearly Trough Low 158,023 NGN
Transaction Impact: A difference of 35,537.60 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

38.7010
36.6887
JanuMarcMayJulySeptNove

TJS 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 38.0388, compared to 37.5640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4747 points.

H1 Avg (Jan–Jun) 38.0388
H2 Avg (Jul–Dec) 37.5640

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 6.9691 NGN (High: 38.5738 / Low: 31.6047). On the other end, December was the most stable month, with a tight range of 0.1912 NGN (High: 37.5141 / Low: 37.3229).

August Spread (Volatile) ±6.9691
December Spread (Stable) ±0.1912

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 1.3262 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 38.5333) against the same month in 2018 (average: 40.8358), the exchange rate shifted by -2.3025 (-5.64%).

2019 Avg (January) 38.5333
2018 Avg (January) 40.8358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.7122 38.3365 38.5333
February 38.4734 38.2486 38.3137
March 38.3292 38.0278 38.1792
April 38.3504 38.0756 38.1675
May 38.3204 38.1229 38.1825
June 38.3328 32.3902 36.8564
July 38.3609 38.0831 38.2015
August 38.5738 31.6047 37.7094
September 37.4833 37.0196 37.3223
October 37.4519 37.2543 37.3366
November 37.4830 37.2698 37.3772
December 37.5141 37.3229 37.4373