2025 TOP to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 TOP to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the TOP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 691.4887. Conversely, the yearly low was recorded on November 9, dropping to 596.2614.
This high-to-low spread represents a total annual volatility of 95.2273 NGN. From a start-to-finish perspective, comparing the January average rate of 638.8890 to the December average rate of 603.2958, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2025 high of 691.4887 was down 3.35% compared to the 2024 peak of 715.4446, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2025.
TOP to NGN 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 645.5277, compared to 618.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.5215 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was February, with a trading range of 69.0388 NGN (High: 691.4887 / Low: 622.4499). On the other end, July was the most stable month, with a tight range of 3.2266 NGN (High: 637.5677 / Low: 634.3411).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 19.0577 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2025: 634.3864) against the same month in 2024 (average: 580.9734), the exchange rate shifted by +53.4130 (+9.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 646.9662 | 632.5803 | 638.8890 |
| February | 691.4887 | 622.4499 | 634.3864 |
| March | 645.3176 | 622.1059 | 634.2437 |
| April | 668.8125 | 622.1550 | 656.9370 |
| May | 668.2729 | 657.5988 | 663.8839 |
| June | 658.7949 | 638.6890 | 644.8262 |
| July | 637.5677 | 634.3411 | 635.6087 |
| August | 639.0712 | 626.7361 | 636.3200 |
| September | 639.4699 | 616.7558 | 624.4934 |
| October | 616.7558 | 600.6246 | 608.3584 |
| November | 604.1923 | 596.2614 | 599.9608 |
| December | 606.6842 | 600.6390 | 603.2958 |