2018 BAM to NGN Historical Review

YEARLY HIGH

230.0025 NGN

YEARLY LOW

208.7992 NGN

YEARLY AVERAGE

218.4203 NGN

2018 BAM to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BAM to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 230.0025. Conversely, the yearly low was recorded on August 15, dropping to 208.7992.

This high-to-low spread represents a total annual volatility of 21.2033 NGN. From a start-to-finish perspective, comparing the January average rate of 224.4452 to the December average rate of 211.8354, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 230.0025 was up 3.40% compared to the 2017 peak of 222.4288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,150,013 NGN

2017 Average 966,447 NGN

Yearly Trough Low 1,043,996 NGN

Transaction Impact: A difference of 106,016.35 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

229.2576

210.2489

JanuMarcMayJulySeptNove

BAM 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 223.0434, compared to 213.7971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.2463 points.

H1 Avg (Jan–Jun) 223.0434

H2 Avg (Jul–Dec) 213.7971

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 9.9498 NGN (High: 222.4201 / Low: 212.4703). On the other end, December was the most stable month, with a tight range of 3.8339 NGN (High: 213.3452 / Low: 209.5112).

May Spread (Volatile) ±9.9498

December Spread (Stable) ±3.8339

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 8.2201 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -8.2201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 227.6735) against the same month in 2017 (average: 171.6402), the exchange rate shifted by +56.0333 (+32.65%).

2018 Avg (February) 227.6735

2017 Avg (February) 171.6402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	229.4050	219.6593	224.4452
February	230.0025	225.3433	227.6735
March	228.7661	224.5378	227.0577
April	227.8004	222.3742	226.1181
May	222.4201	212.4703	217.8980
June	217.7613	212.5973	215.0679
July	221.2731	214.1673	215.9874
August	216.5529	208.7992	213.2265
September	219.4145	212.5054	216.4323
October	218.0513	210.4666	213.4681
November	217.8486	208.8686	211.8330
December	213.3452	209.5112	211.8354