2018 BBD to NGN Historical Review

YEARLY HIGH

182.8681 NGN

YEARLY LOW

179.1502 NGN

YEARLY AVERAGE

180.6496 NGN

2018 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 182.8681. Conversely, the yearly low was recorded on January 14, dropping to 179.1502.

This high-to-low spread represents a total annual volatility of 3.7179 NGN. From a start-to-finish perspective, comparing the January average rate of 180.0699 to the December average rate of 182.0073, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 182.8681 was down 0.89% compared to the 2017 peak of 184.5119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 914,341 NGN

2017 Average 834,307 NGN

Yearly Trough Low 895,751 NGN

Transaction Impact: A difference of 18,589.59 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

182.2157

179.7147

JanuMarcMayJulySeptNove

BBD 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 180.0882, compared to 181.2110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1228 points.

H1 Avg (Jan–Jun) 180.0882

H2 Avg (Jul–Dec) 181.2110

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 2.2401 NGN (High: 181.9700 / Low: 179.7299). On the other end, April was the most stable month, with a tight range of 0.4969 NGN (High: 180.0407 / Low: 179.5438).

September Spread (Volatile) ±2.2401

April Spread (Stable) ±0.4969

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1686 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 182.0073) against the same month in 2017 (average: 179.8867), the exchange rate shifted by +2.1206 (+1.18%).

2018 Avg (December) 182.0073

2017 Avg (December) 179.8867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	181.1460	179.1502	180.0699
February	180.5074	180.0000	180.2433
March	180.4644	179.8100	180.0747
April	180.0407	179.5438	179.9231
May	180.5000	179.7500	180.0866
June	180.5499	179.8532	180.1316
July	181.0000	179.5139	180.3120
August	181.3394	179.9915	180.5127
September	181.9700	179.7299	181.0414
October	182.0000	181.0800	181.6630
November	182.2550	180.3528	181.7294
December	182.8681	181.5000	182.0073