YEARLY HIGH
0.6436 NGN
YEARLY LOW
0.5185 NGN
YEARLY AVERAGE
0.6147 NGN

2019 XAF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the XAF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.6436. Conversely, the yearly low was recorded on August 27, dropping to 0.5185.

This high-to-low spread represents a total annual volatility of 0.1250 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6326 to the December average rate of 0.6143, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6436 was down 6.27% compared to the 2018 peak of 0.6867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,218 NGN
2018 Average 3,253 NGN
Yearly Trough Low 2,593 NGN
Transaction Impact: A difference of 625.22 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6360
0.5956
JanuMarcMayJulySeptNove

XAF 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 0.6181, compared to 0.6113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.6181
H2 Avg (Jul–Dec) 0.6113

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1040 NGN (High: 0.6225 / Low: 0.5185). On the other end, May was the most stable month, with a tight range of 0.0065 NGN (High: 0.6173 / Low: 0.6108).

August Spread (Volatile) ±0.1040
May Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0156 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6326) against the same month in 2018 (average: 0.6699), the exchange rate shifted by -0.0372 (-5.56%).

2019 Avg (January) 0.6326
2018 Avg (January) 0.6699

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6436 0.6243 0.6326
February 0.6306 0.6208 0.6255
March 0.6276 0.6149 0.6204
April 0.6231 0.6100 0.6167
May 0.6173 0.6108 0.6145
June 0.6259 0.5246 0.5989
July 0.6233 0.6096 0.6163
August 0.6225 0.5185 0.6096
September 0.6159 0.6019 0.6074
October 0.6165 0.6032 0.6100
November 0.6163 0.6076 0.6103
December 0.6215 0.6084 0.6143