YEARLY HIGH
1.4595 NGN
YEARLY LOW
1.2238 NGN
YEARLY AVERAGE
1.4384 NGN

2019 YER to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the YER to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.4595. Conversely, the yearly low was recorded on June 8, dropping to 1.2238.

This high-to-low spread represents a total annual volatility of 0.2356 NGN. From a start-to-finish perspective, comparing the January average rate of 1.4516 to the December average rate of 1.4485, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.4595 was down 0.10% compared to the 2018 peak of 1.4609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,297 NGN
2018 Average 7,215 NGN
Yearly Trough Low 6,119 NGN
Transaction Impact: A difference of 1,178.08 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.4579
1.3828
JanuMarcMayJulySeptNove

YER 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 1.4336, compared to 1.4431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 1.4336
H2 Avg (Jul–Dec) 1.4431

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2292 NGN (High: 1.4533 / Low: 1.2241). On the other end, November was the most stable month, with a tight range of 0.0055 NGN (High: 1.4495 / Low: 1.4440).

August Spread (Volatile) ±0.2292
November Spread (Stable) ±0.0055

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 0.0503 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.4516) against the same month in 2018 (average: 1.4389), the exchange rate shifted by +0.0127 (+0.88%).

2019 Avg (January) 1.4516
2018 Avg (January) 1.4389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4595 1.4450 1.4516
February 1.4496 1.4420 1.4448
March 1.4452 1.4340 1.4386
April 1.4437 1.4326 1.4385
May 1.4449 1.4355 1.4393
June 1.4437 1.2238 1.3890
July 1.4469 1.4359 1.4400
August 1.4533 1.2241 1.4340
September 1.4500 1.4337 1.4442
October 1.4508 1.4421 1.4452
November 1.4495 1.4440 1.4469
December 1.4517 1.4440 1.4485