2022 XAF to NGN Historical Review

YEARLY HIGH

0.7327 NGN

YEARLY LOW

0.6338 NGN

YEARLY AVERAGE

0.6804 NGN

2022 XAF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the XAF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7327. Conversely, the yearly low was recorded on September 27, dropping to 0.6338.

This high-to-low spread represents a total annual volatility of 0.0989 NGN. From a start-to-finish perspective, comparing the January average rate of 0.7141 to the December average rate of 0.7194, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7327 was down 4.87% compared to the 2021 peak of 0.7702, 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 3,664 NGN

2021 Average 3,636 NGN

Yearly Trough Low 3,169 NGN

Transaction Impact: A difference of 494.55 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7267

0.6402

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 0.6927, compared to 0.6681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.6927

H2 Avg (Jul–Dec) 0.6681

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0535 NGN (High: 0.7054 / Low: 0.6519). On the other end, January was the most stable month, with a tight range of 0.0167 NGN (High: 0.7221 / Low: 0.7054).

November Spread (Volatile) ±0.0535

January Spread (Stable) ±0.0167

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 February and March, when the average rate fell by 0.0213 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.7194) against the same month in 2021 (average: 0.7088), the exchange rate shifted by +0.0107 (+1.51%).

2022 Avg (December) 0.7194

2021 Avg (December) 0.7088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7221	0.7054	0.7141
February	0.7267	0.7061	0.7195
March	0.7077	0.6880	0.6982
April	0.7026	0.6649	0.6853
May	0.6815	0.6574	0.6694
June	0.6804	0.6592	0.6700
July	0.6647	0.6353	0.6509
August	0.6602	0.6396	0.6492
September	0.6620	0.6338	0.6474
October	0.6686	0.6409	0.6532
November	0.7054	0.6519	0.6884
December	0.7327	0.7086	0.7194