2022 XDR to NGN Historical Review

YEARLY HIGH

620.3693 NGN

YEARLY LOW

549.9305 NGN

YEARLY AVERAGE

580.8646 NGN

2022 XDR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the XDR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 620.3693. Conversely, the yearly low was recorded on September 29, dropping to 549.9305.

This high-to-low spread represents a total annual volatility of 70.4389 NGN. From a start-to-finish perspective, comparing the January average rate of 580.5127 to the December average rate of 591.4287, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 620.3693 was up 3.96% compared to the 2021 peak of 596.7363, 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 3,101,847 NGN

2021 Average 2,873,160 NGN

Yearly Trough Low 2,749,652 NGN

Transaction Impact: A difference of 352,194.34 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

598.7188

567.0154

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 576.5847, compared to 585.1446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5599 points.

H1 Avg (Jan–Jun) 576.5847

H2 Avg (Jul–Dec) 585.1446

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 64.3712 NGN (High: 614.3016 / Low: 549.9305). On the other end, May was the most stable month, with a tight range of 5.7957 NGN (High: 572.7657 / Low: 566.9701).

September Spread (Volatile) ±64.3712

May Spread (Stable) ±5.7957

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 5.5947 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.5947

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 594.7905) against the same month in 2021 (average: 577.3276), the exchange rate shifted by +17.4629 (+3.02%).

2022 Avg (November) 594.7905

2021 Avg (November) 577.3276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	584.2069	576.8685	580.5127
February	588.2794	581.4851	583.8026
March	583.4894	576.6904	579.9889
April	581.3258	569.5835	575.4077
May	572.7657	566.9701	569.8130
June	574.2949	566.3871	569.9831
July	577.2681	562.5441	569.6574
August	579.2554	565.6669	571.8467
September	614.3016	549.9305	587.0670
October	616.5575	553.6284	596.0769
November	620.3693	580.7255	594.7905
December	596.9511	583.7827	591.4287