2022 TWD to NGN Historical Review

YEARLY HIGH

15.1296 NGN

YEARLY LOW

13.5317 NGN

YEARLY AVERAGE

14.2438 NGN

2022 TWD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TWD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 15.1296. Conversely, the yearly low was recorded on October 25, dropping to 13.5317.

This high-to-low spread represents a total annual volatility of 1.5978 NGN. From a start-to-finish perspective, comparing the January average rate of 14.9630 to the December average rate of 14.5109, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 15.1296 was up 1.04% compared to the 2021 peak of 14.9740, 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 75,648 NGN

2021 Average 72,264 NGN

Yearly Trough Low 67,659 NGN

Transaction Impact: A difference of 7,989.15 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

15.0959

13.5019

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 14.4916, compared to 13.9961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4955 points.

H1 Avg (Jan–Jun) 14.4916

H2 Avg (Jul–Dec) 13.9961

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.8128 NGN (High: 14.4159 / Low: 13.6031). On the other end, February was the most stable month, with a tight range of 0.1937 NGN (High: 15.0012 / Low: 14.8075).

November Spread (Volatile) ±0.8128

February Spread (Stable) ±0.1937

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.3505 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 14.9630) against the same month in 2021 (average: 13.8542), the exchange rate shifted by +1.1088 (+8.00%).

2022 Avg (January) 14.9630

2021 Avg (January) 13.8542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1296	14.8438	14.9630
February	15.0012	14.8075	14.9328
March	14.8734	14.4327	14.6505
April	14.5478	14.0911	14.3000
May	14.3157	13.9263	14.0459
June	14.2565	13.9520	14.0572
July	14.2197	13.8552	14.0241
August	14.1595	13.8304	13.9889
September	13.9649	13.5368	13.7287
October	13.8040	13.5317	13.6348
November	14.4159	13.6031	14.0893
December	14.6132	14.4174	14.5109