YEARLY HIGH
4.0277 NGN
YEARLY LOW
3.4840 NGN
YEARLY AVERAGE
3.7402 NGN

2022 XPF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the XPF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4.0277. Conversely, the yearly low was recorded on September 27, dropping to 3.4840.

This high-to-low spread represents a total annual volatility of 0.5437 NGN. From a start-to-finish perspective, comparing the January average rate of 3.9255 to the December average rate of 3.9547, 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 4.0277 was down 4.87% compared to the 2021 peak of 4.2340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,139 NGN
2021 Average 19,987 NGN
Yearly Trough Low 17,420 NGN
Transaction Impact: A difference of 2,718.48 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.9946
3.5190
JanuMarcMayJulySeptNove

XPF 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 3.8080, compared to 3.6724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1355 points.

H1 Avg (Jan–Jun) 3.8080
H2 Avg (Jul–Dec) 3.6724

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.2942 NGN (High: 3.8775 / Low: 3.5833). On the other end, January was the most stable month, with a tight range of 0.0920 NGN (High: 3.9695 / Low: 3.8775).

November Spread (Volatile) ±0.2942
January Spread (Stable) ±0.0920

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 0.1169 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3.9547) against the same month in 2021 (average: 3.8960), the exchange rate shifted by +0.0587 (+1.51%).

2022 Avg (December) 3.9547
2021 Avg (December) 3.8960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.9695 3.8775 3.9255
February 3.9947 3.8815 3.9550
March 3.8899 3.7817 3.8380
April 3.8620 3.6549 3.7669
May 3.7464 3.6139 3.6796
June 3.7399 3.6234 3.6830
July 3.6537 3.4924 3.5778
August 3.6293 3.5156 3.5689
September 3.6389 3.4840 3.5586
October 3.6753 3.5227 3.5905
November 3.8775 3.5833 3.7842
December 4.0277 3.8951 3.9547