YEARLY HIGH
15.3690 NGN
YEARLY LOW
13.0252 NGN
YEARLY AVERAGE
14.1240 NGN

2020 UAH to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UAH to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 15.3690. Conversely, the yearly low was recorded on March 25, dropping to 13.0252.

This high-to-low spread represents a total annual volatility of 2.3438 NGN. From a start-to-finish perspective, comparing the January average rate of 14.9918 to the December average rate of 13.6282, the exchange rate registered a net change of -9.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.3690 was down 1.57% compared to the 2019 peak of 15.6136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,845 NGN
2019 Average 69,924 NGN
Yearly Trough Low 65,126 NGN
Transaction Impact: A difference of 11,719.11 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.1429
13.3297
JanuMarcMayJulySeptNove

UAH 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 14.5010, compared to 13.7471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7539 points.

H1 Avg (Jan–Jun) 14.5010
H2 Avg (Jul–Dec) 13.7471

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.8319 NGN (High: 14.8571 / Low: 13.0252). On the other end, June was the most stable month, with a tight range of 0.1434 NGN (High: 14.5889 / Low: 14.4455).

March Spread (Volatile) ±1.8319
June Spread (Stable) ±0.1434

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.8039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 14.9918) against the same month in 2019 (average: 13.0287), the exchange rate shifted by +1.9631 (+15.07%).

2020 Avg (January) 14.9918
2019 Avg (January) 13.0287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3690 14.4518 14.9918
February 14.9161 14.4518 14.8092
March 14.8571 13.0252 14.0053
April 14.4742 13.3829 14.1603
May 14.6913 14.4064 14.5229
June 14.5889 14.4455 14.5162
July 14.5289 13.9106 14.1872
August 14.1279 13.6765 13.9997
September 14.0006 13.4543 13.6945
October 13.6463 13.3696 13.4808
November 13.6217 13.3477 13.4922
December 13.9131 13.3277 13.6282