2019 TRY to NGN Historical Review

YEARLY HIGH

70.0486 NGN

YEARLY LOW

52.4923 NGN

YEARLY AVERAGE

63.4854 NGN

2019 TRY to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 70.0486. Conversely, the yearly low was recorded on June 9, dropping to 52.4923.

This high-to-low spread represents a total annual volatility of 17.5564 NGN. From a start-to-finish perspective, comparing the January average rate of 67.8183 to the December average rate of 61.9125, the exchange rate registered a net change of -8.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 70.0486 was down 27.53% compared to the 2018 peak of 96.6539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 3,502,432 NGN

2018 Average 3,846,427 NGN

Yearly Trough Low 2,624,614 NGN

Transaction Impact: A difference of 877,817.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

69.4297

58.7706

JanuMarcMayJulySeptNove

TRY 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 63.9787, compared to 62.9921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9867 points.

H1 Avg (Jan–Jun) 63.9787

H2 Avg (Jul–Dec) 62.9921

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 13.4061 NGN (High: 65.9975 / Low: 52.5914). On the other end, November was the most stable month, with a tight range of 1.0052 NGN (High: 63.6547 / Low: 62.6494).

August Spread (Volatile) ±13.4061

November Spread (Stable) ±1.0052

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 3.3142 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.3142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 67.8183) against the same month in 2018 (average: 95.5004), the exchange rate shifted by -27.6821 (-28.99%).

2019 Avg (January) 67.8183

2018 Avg (January) 95.5004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	70.0486	65.9950	67.8183
February	69.4964	67.6594	68.5414
March	67.3286	62.2938	65.6930
April	65.3318	60.2655	62.3788
May	61.6433	58.4068	59.6588
June	62.7167	52.4923	59.7820
July	64.7546	62.6808	63.5679
August	65.9975	52.5914	63.6019
September	64.1147	62.1854	63.3128
October	63.7607	61.1034	62.4557
November	63.6547	62.6494	63.1016
December	63.1363	60.9225	61.9125