2019 XCD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 XCD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the XCD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 135.1972. Conversely, the yearly low was recorded on June 10, dropping to 113.3781.
This high-to-low spread represents a total annual volatility of 21.8191 NGN. From a start-to-finish perspective, comparing the January average rate of 134.4649 to the December average rate of 134.1723, 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 135.1972 was down 0.10% compared to the 2018 peak of 135.3301, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
XCD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 132.7738, compared to 133.6731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8993 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 21.2346 NGN (High: 134.6254 / Low: 113.3908). On the other end, November was the most stable month, with a tight range of 0.5365 NGN (High: 134.2991 / Low: 133.7626).
Growth Streaks & Declines
TrendsBetween 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 4.6382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 134.4649) against the same month in 2018 (average: 133.2593), the exchange rate shifted by +1.2056 (+0.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 135.1972 | 133.8551 | 134.4649 |
| February | 134.2821 | 133.5313 | 133.7542 |
| March | 133.8477 | 132.8326 | 133.2522 |
| April | 133.7350 | 132.7048 | 133.2427 |
| May | 133.8233 | 132.9782 | 133.2835 |
| June | 133.7115 | 113.3781 | 128.6453 |
| July | 134.0367 | 133.0225 | 133.3747 |
| August | 134.6254 | 113.3908 | 132.8314 |
| September | 134.3176 | 132.8083 | 133.7763 |
| October | 134.3970 | 133.5775 | 133.8587 |
| November | 134.2991 | 133.7626 | 134.0253 |
| December | 134.4764 | 133.7626 | 134.1723 |