YEARLY HIGH
0.0015 NGN
YEARLY LOW
0.0012 NGN
YEARLY AVERAGE
0.0014 NGN

2019 VEF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the VEF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0015. Conversely, the yearly low was recorded on June 10, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0002 NGN. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0015, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0015 was down 100.00% compared to the 2018 peak of 36.1717, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 NGN
2018 Average 20,043 NGN
Yearly Trough Low 6 NGN
Transaction Impact: A difference of 1.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0015
0.0014
JanuMarcMayJulySeptNove

VEF 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 0.0014, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0014
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0002 NGN (High: 0.0015 / Low: 0.0012). On the other end, November was the most stable month, with a tight range of 0.0000 NGN (High: 0.0015 / Low: 0.0015).

August Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0015) against the same month in 2018 (average: 35.6508), the exchange rate shifted by -35.6493 (-100.00%).

2019 Avg (January) 0.0015
2018 Avg (January) 35.6508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0015 0.0015 0.0015
February 0.0015 0.0015 0.0015
March 0.0015 0.0014 0.0014
April 0.0015 0.0014 0.0014
May 0.0015 0.0014 0.0014
June 0.0015 0.0012 0.0014
July 0.0015 0.0014 0.0015
August 0.0015 0.0012 0.0014
September 0.0015 0.0014 0.0015
October 0.0015 0.0015 0.0015
November 0.0015 0.0015 0.0015
December 0.0015 0.0015 0.0015