2020 WST to NGN Historical Review

YEARLY HIGH

156.1592 NGN

YEARLY LOW

130.1871 NGN

YEARLY AVERAGE

142.9398 NGN

2020 WST to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the WST to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 156.1592. Conversely, the yearly low was recorded on April 5, dropping to 130.1871.

This high-to-low spread represents a total annual volatility of 25.9721 NGN. From a start-to-finish perspective, comparing the January average rate of 137.6699 to the December average rate of 150.5190, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 156.1592 was up 11.18% compared to the 2019 peak of 140.4528, 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 780,796 NGN

2019 Average 684,759 NGN

Yearly Trough Low 650,935 NGN

Transaction Impact: A difference of 129,860.67 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

151.9714

134.5423

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 138.8116, compared to 147.0680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.2563 points.

H1 Avg (Jan–Jun) 138.8116

H2 Avg (Jul–Dec) 147.0680

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 12.4729 NGN (High: 142.6600 / Low: 130.1871). On the other end, February was the most stable month, with a tight range of 2.1705 NGN (High: 136.7601 / Low: 134.5896).

April Spread (Volatile) ±12.4729

February Spread (Stable) ±2.1705

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.6752 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.6752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 150.5190) against the same month in 2019 (average: 137.3346), the exchange rate shifted by +13.1844 (+9.60%).

2020 Avg (December) 150.5190

2019 Avg (December) 137.3346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	139.4570	136.5450	137.6699
February	136.7601	134.5896	135.9947
March	143.8985	132.1223	136.4158
April	142.6600	130.1871	138.6018
May	142.5841	139.1049	140.7533
June	146.1861	140.9377	143.4345
July	148.9033	143.3773	146.1164
August	149.1865	144.8754	146.9955
September	148.4815	142.7318	146.5671
October	146.1637	143.9771	145.1204
November	149.0426	144.6255	147.0896
December	156.1592	147.9391	150.5190