YEARLY HIGH
44.4080 NGN
YEARLY LOW
31.8590 NGN
YEARLY AVERAGE
38.9796 NGN

2022 TJS to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TJS to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 44.4080. Conversely, the yearly low was recorded on March 14, dropping to 31.8590.

This high-to-low spread represents a total annual volatility of 12.5491 NGN. From a start-to-finish perspective, comparing the January average rate of 36.6389 to the December average rate of 43.9102, the exchange rate registered a net change of 19.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 44.4080 was up 20.92% compared to the 2021 peak of 36.7238, 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 222,040 NGN
2021 Average 177,472 NGN
Yearly Trough Low 159,295 NGN
Transaction Impact: A difference of 62,745.36 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

44.9852
32.0844
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 35.3112, compared to 42.6479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3368 points.

H1 Avg (Jan–Jun) 35.3112
H2 Avg (Jul–Dec) 42.6479

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 9.4453 NGN (High: 42.8011 / Low: 33.3558). On the other end, February was the most stable month, with a tight range of 0.1513 NGN (High: 36.9361 / Low: 36.7848).

June Spread (Volatile) ±9.4453
February Spread (Stable) ±0.1513

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 February and March, when the average rate fell by 3.2975 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -3.2975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 43.9102) against the same month in 2021 (average: 36.4174), the exchange rate shifted by +7.4927 (+20.57%).

2022 Avg (December) 43.9102
2021 Avg (December) 36.4174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.8221 36.4041 36.6389
February 36.9361 36.7848 36.8612
March 37.1195 31.8590 33.5637
April 33.5069 31.9942 33.1595
May 33.4938 33.1682 33.2812
June 42.8011 33.3558 38.3623
July 42.7125 39.6184 41.0726
August 41.8926 40.5185 41.2013
September 44.0008 41.3538 42.5523
October 44.0258 42.5496 43.2449
November 44.3051 43.4025 43.9064
December 44.4080 43.5652 43.9102