USD/NGN Historical Replay: 2023-11 to 2024-05
USD/NGN collapsed 82.9% across 132 days as the naira broke historic pegs. Replay each session, navigate 8 critical decision points, and receive an AI coach review of your risk calls in a simulated training environment.
132 daily bars · 23 decision points · 2023-11 to 2024-05 · Forex
Key facts
This window spans 182 days with a peak-to-trough drawdown of 34.0% and a 106.7% run-up.
- Max drawdown
- −34.0%
- Max run-up
- +106.7%
- Duration
- 182 days
- Largest single-day move
- +33.3%
- Bars
- 132 Daily bars
- Decision points
- 23
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
In late 2023 the Nigerian foreign exchange market entered a phase of extraordinary stress. The naira faced mounting depreciation pressure against the US dollar as geopolitical tensions in the Red Sea rippled through global commodity markets, directly affecting Nigeria as a major petroleum exporter. This 132-day window from 2023-11-14 to 2024-05-14 captures the naira breaking through historic support levels, with central bank intervention mechanisms severely tested and market structure fundamentally shifting.
What unfolded was a dramatic devaluation: the USD/NGN rate surged from 821 to 1502, representing an 82.9% depreciation. The journey was anything but smooth—maximum drawdown reached 34.0%, while the largest single trading day saw a 33.3% move. This volatility created 23 distinct decision points, of which 8 were critical junctures where positioning and risk management became existential for portfolio survival.
For decision training this replay poses fundamental questions about managing tail risk in frontier markets. Participants must confront when geopolitical shocks represent temporary disruptions versus structural regime changes, how to size positions when daily moves of 33.3% become possible, and what psychological discipline is required to maintain rational decision-making through a 34.0% equity drawdown. The market offered no mercy for those who underestimated the compounding effects of emerging-market currency volatility under external pressure.