2021 BAM to NGN Historical Review

YEARLY HIGH

258.4444 NGN

YEARLY LOW

228.8066 NGN

YEARLY AVERAGE

243.9157 NGN

2021 BAM to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 258.4444. Conversely, the yearly low was recorded on March 27, dropping to 228.8066.

This high-to-low spread represents a total annual volatility of 29.6378 NGN. From a start-to-finish perspective, comparing the January average rate of 241.3896 to the December average rate of 237.6537, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 258.4444 was up 5.00% compared to the 2020 peak of 246.1463, 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 1,292,222 NGN

2020 Average 1,109,868 NGN

Yearly Trough Low 1,144,033 NGN

Transaction Impact: A difference of 148,188.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

255.1679

234.3251

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 243.5733, compared to 244.2581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6848 points.

H1 Avg (Jan–Jun) 243.5733

H2 Avg (Jul–Dec) 244.2581

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 24.6927 NGN (High: 258.4444 / Low: 233.7516). On the other end, October was the most stable month, with a tight range of 2.6911 NGN (High: 245.1379 / Low: 242.4468).

May Spread (Volatile) ±24.6927

October Spread (Stable) ±2.6911

Growth Streaks & Declines

Trends

Between March and June, 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 4.9522 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.9522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 250.9983) against the same month in 2020 (average: 216.8916), the exchange rate shifted by +34.1067 (+15.73%).

2021 Avg (May) 250.9983

2020 Avg (May) 216.8916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	247.7464	236.2107	241.3896
February	255.5386	233.3634	241.0142
March	249.7812	228.8066	236.0620
April	251.7062	229.3503	238.5448
May	258.4444	233.7516	250.9983
June	257.3433	249.9795	253.4310
July	250.7599	247.5010	248.7516
August	250.3978	245.7579	247.6789
September	249.9203	243.2844	247.8857
October	245.1379	242.4468	243.8938
November	244.1003	235.4521	239.6847
December	239.4837	236.2741	237.6537