2020 BAM to NGN Historical Review

YEARLY HIGH

246.1463 NGN

YEARLY LOW

200.6322 NGN

YEARLY AVERAGE

221.9023 NGN

2020 BAM to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BAM to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 246.1463. Conversely, the yearly low was recorded on February 23, dropping to 200.6322.

This high-to-low spread represents a total annual volatility of 45.5141 NGN. From a start-to-finish perspective, comparing the January average rate of 205.6618 to the December average rate of 238.8862, the exchange rate registered a net change of 16.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 246.1463 was up 14.36% compared to the 2019 peak of 215.2322, 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 1,230,732 NGN

2019 Average 1,030,681 NGN

Yearly Trough Low 1,003,161 NGN

Transaction Impact: A difference of 227,570.61 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

242.4675

199.4919

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 211.9935, compared to 231.8111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.8176 points.

H1 Avg (Jan–Jun) 211.9935

H2 Avg (Jul–Dec) 231.8111

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 18.6182 NGN (High: 219.9885 / Low: 201.3704). On the other end, October was the most stable month, with a tight range of 4.8253 NGN (High: 231.9468 / Low: 227.1215).

March Spread (Volatile) ±18.6182

October Spread (Stable) ±4.8253

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.5886 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.5886

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 238.8862) against the same month in 2019 (average: 205.9764), the exchange rate shifted by +32.9098 (+15.98%).

2020 Avg (December) 238.8862

2019 Avg (December) 205.9764

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	209.1031	204.0658	205.6618
February	205.7440	200.6322	203.0732
March	219.9885	201.3704	209.6615
April	217.5139	202.6528	213.7653
May	220.3085	213.5614	216.8916
June	225.5634	219.8679	222.9079
July	235.2790	222.0701	226.7631
August	235.8234	228.7551	232.8768
September	236.9176	226.4911	231.3891
October	231.9468	227.1215	229.8304
November	234.8766	227.1092	231.1210
December	246.1463	233.0189	238.8862