YEARLY HIGH
140.4528 NGN
YEARLY LOW
115.8048 NGN
YEARLY AVERAGE
136.9538 NGN

2019 WST to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the WST to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 140.4528. Conversely, the yearly low was recorded on August 26, dropping to 115.8048.

This high-to-low spread represents a total annual volatility of 24.6480 NGN. From a start-to-finish perspective, comparing the January average rate of 139.1917 to the December average rate of 137.3346, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 140.4528 was down 3.85% compared to the 2018 peak of 146.0735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 702,264 NGN
2018 Average 703,454 NGN
Yearly Trough Low 579,024 NGN
Transaction Impact: A difference of 123,239.91 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

139.8556
131.8893
JanuMarcMayJulySeptNove

WST 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 137.2711, compared to 136.6365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6345 points.

H1 Avg (Jan–Jun) 137.2711
H2 Avg (Jul–Dec) 136.6365

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 22.2243 NGN (High: 138.0291 / Low: 115.8048). On the other end, February was the most stable month, with a tight range of 1.4971 NGN (High: 139.3302 / Low: 137.8331).

August Spread (Volatile) ±22.2243
February Spread (Stable) ±1.4971

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 4.7369 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.7369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 139.1917) against the same month in 2018 (average: 143.2092), the exchange rate shifted by -4.0175 (-2.81%).

2019 Avg (January) 139.1917
2018 Avg (January) 143.2092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 140.4528 137.8830 139.1917
February 139.3302 137.8331 138.5927
March 138.8890 137.1288 138.0461
April 138.5427 136.4522 137.9526
May 138.2141 136.4518 137.2901
June 138.1206 116.6607 132.5532
July 138.4820 136.0713 137.2680
August 138.0291 115.8048 135.6375
September 137.5381 134.6359 136.4078
October 137.6806 135.0393 136.4691
November 137.6583 135.5560 136.7022
December 138.2616 135.7969 137.3346