YEARLY HIGH
511.0248 NGN
YEARLY LOW
420.4315 NGN
YEARLY AVERAGE
498.3071 NGN

2019 XDR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the XDR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 511.0248. Conversely, the yearly low was recorded on August 26, dropping to 420.4315.

This high-to-low spread represents a total annual volatility of 90.5933 NGN. From a start-to-finish perspective, comparing the January average rate of 507.6680 to the December average rate of 500.0476, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 511.0248 was down 3.03% compared to the 2018 peak of 526.9796, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,555,124 NGN
2018 Average 2,560,967 NGN
Yearly Trough Low 2,102,158 NGN
Transaction Impact: A difference of 452,966.66 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

510.0836
481.0963
JanuMarcMayJulySeptNove

XDR 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 499.9336, compared to 496.6805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2532 points.

H1 Avg (Jan–Jun) 499.9336
H2 Avg (Jul–Dec) 496.6805

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 80.2413 NGN (High: 500.6728 / Low: 420.4315). On the other end, November was the most stable month, with a tight range of 2.8378 NGN (High: 499.6163 / Low: 496.7785).

August Spread (Volatile) ±80.2413
November Spread (Stable) ±2.8378

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 16.7154 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -16.7154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 507.6680) against the same month in 2018 (average: 517.9139), the exchange rate shifted by -10.2460 (-1.98%).

2019 Avg (January) 507.6680
2018 Avg (January) 517.9139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 511.0248 504.9147 507.6680
February 506.3958 502.9976 504.4384
March 505.4334 499.8072 502.4109
April 504.0184 498.0405 501.3453
May 503.0331 498.7897 500.2274
June 502.5094 425.9231 483.5119
July 502.8282 494.9623 497.9928
August 500.6728 420.4315 492.7890
September 497.1663 491.3853 494.7801
October 500.0429 492.9743 496.4161
November 499.6163 496.7785 498.0573
December 502.9837 497.3181 500.0476