2024 TTD to NGN Historical Review

YEARLY HIGH

249.6247 NGN

YEARLY LOW

126.6706 NGN

YEARLY AVERAGE

216.6112 NGN

2024 TTD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 249.6247. Conversely, the yearly low was recorded on January 17, dropping to 126.6706.

This high-to-low spread represents a total annual volatility of 122.9541 NGN. From a start-to-finish perspective, comparing the January average rate of 134.3850 to the December average rate of 231.5724, the exchange rate registered a net change of 72.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 249.6247 was up 88.97% compared to the 2023 peak of 132.0988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,248,124 NGN

2023 Average 468,121 NGN

Yearly Trough Low 633,353 NGN

Transaction Impact: A difference of 614,770.62 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

257.8944

123.1569

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 196.5868, compared to 236.6356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.0488 points.

H1 Avg (Jan–Jun) 196.5868

H2 Avg (Jul–Dec) 236.6356

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 104.3950 NGN (High: 236.5945 / Low: 132.1995). On the other end, November was the most stable month, with a tight range of 7.2934 NGN (High: 249.6247 / Low: 242.3313).

February Spread (Volatile) ±104.3950

November Spread (Stable) ±7.2934

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 36.6814 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -36.6814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 246.6663) against the same month in 2023 (average: 118.0956), the exchange rate shifted by +128.5706 (+108.87%).

2024 Avg (November) 246.6663

2023 Avg (November) 118.0956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	141.2213	126.6706	134.3850
February	236.5945	132.1995	202.6373
March	237.2607	204.9258	225.1929
April	209.2669	176.8822	188.5115
May	222.9449	182.0808	208.9748
June	223.7339	206.8036	219.8196
July	245.0272	207.0667	224.2395
August	245.5088	231.9254	235.4474
September	245.6562	234.4231	240.6504
October	246.4286	238.5879	241.2376
November	249.6247	242.3313	246.6663
December	248.6207	227.7438	231.5724