2019 TWD to NGN Historical Review

YEARLY HIGH

12.1463 NGN

YEARLY LOW

9.7580 NGN

YEARLY AVERAGE

11.6597 NGN

2019 TWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.1463. Conversely, the yearly low was recorded on June 10, dropping to 9.7580.

This high-to-low spread represents a total annual volatility of 2.3883 NGN. From a start-to-finish perspective, comparing the January average rate of 11.7989 to the December average rate of 11.9900, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.1463 was down 2.36% compared to the 2018 peak of 12.4399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,731 NGN

2018 Average 59,974 NGN

Yearly Trough Low 48,790 NGN

Transaction Impact: A difference of 11,941.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.0755

11.0490

JanuMarcMayJulySeptNove

TWD 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 11.5907, compared to 11.7288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1381 points.

H1 Avg (Jan–Jun) 11.5907

H2 Avg (Jul–Dec) 11.7288

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.9288 NGN (High: 11.6918 / Low: 9.7630). On the other end, February was the most stable month, with a tight range of 0.1035 NGN (High: 11.7979 / Low: 11.6944).

August Spread (Volatile) ±1.9288

February Spread (Stable) ±0.1035

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 11.9900) against the same month in 2018 (average: 11.8294), the exchange rate shifted by +0.1606 (+1.36%).

2019 Avg (December) 11.9900

2018 Avg (December) 11.8294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8915	11.7240	11.7989
February	11.7979	11.6944	11.7345
March	11.7366	11.6136	11.6679
April	11.7175	11.6001	11.6718
May	11.7025	11.3813	11.5365
June	11.6750	9.7580	11.1346
July	11.6973	11.5443	11.6034
August	11.6918	9.7630	11.4432
September	11.7420	11.5057	11.6380
October	11.9232	11.6330	11.8036
November	11.9796	11.8505	11.8943
December	12.1463	11.8591	11.9900