2022 TTD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TTD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TTD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 66.1178. Conversely, the yearly low was recorded on April 17, dropping to 60.4982.
This high-to-low spread represents a total annual volatility of 5.6196 NGN. From a start-to-finish perspective, comparing the January average rate of 60.9414 to the December average rate of 65.6031, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 66.1178 was up 7.45% compared to the 2021 peak of 61.5345, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TTD 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 61.1811, compared to 63.6194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4383 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.9118 NGN (High: 64.0758 / Low: 62.1639). On the other end, May was the most stable month, with a tight range of 0.2521 NGN (High: 61.2651 / Low: 61.0130).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 0.1278 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 65.6031) against the same month in 2021 (average: 60.5259), the exchange rate shifted by +5.0771 (+8.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.2666 | 60.5402 | 60.9414 |
| February | 61.6587 | 61.2059 | 61.3351 |
| March | 61.6210 | 61.0461 | 61.2763 |
| April | 61.4861 | 60.4982 | 61.1485 |
| May | 61.2651 | 61.0130 | 61.1705 |
| June | 61.8405 | 60.6469 | 61.2150 |
| July | 62.6803 | 60.9929 | 61.6810 |
| August | 62.7851 | 61.0401 | 61.9738 |
| September | 64.0758 | 62.1639 | 63.1239 |
| October | 65.1307 | 63.4749 | 64.2159 |
| November | 65.5263 | 64.7146 | 65.1191 |
| December | 66.1178 | 65.3587 | 65.6031 |