2019 BBD to NGN Historical Review

YEARLY HIGH

182.6886 NGN

YEARLY LOW

153.2050 NGN

YEARLY AVERAGE

180.0218 NGN

2019 BBD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BBD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 182.6886. Conversely, the yearly low was recorded on June 10, dropping to 153.2050.

This high-to-low spread represents a total annual volatility of 29.4836 NGN. From a start-to-finish perspective, comparing the January average rate of 181.6990 to the December average rate of 181.3037, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 182.6886 was down 0.10% compared to the 2018 peak of 182.8681, 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 913,443 NGN

2018 Average 903,261 NGN

Yearly Trough Low 766,025 NGN

Transaction Impact: A difference of 147,418.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

182.4853

173.0492

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 179.4144, compared to 180.6292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2148 points.

H1 Avg (Jan–Jun) 179.4144

H2 Avg (Jul–Dec) 180.6292

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 28.6909 NGN (High: 181.9159 / Low: 153.2250). On the other end, November was the most stable month, with a tight range of 0.7250 NGN (High: 181.4750 / Low: 180.7500).

August Spread (Volatile) ±28.6909

November Spread (Stable) ±0.7250

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.2674 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.2674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 181.6990) against the same month in 2018 (average: 180.0699), the exchange rate shifted by +1.6291 (+0.90%).

2019 Avg (January) 181.6990

2018 Avg (January) 180.0699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	182.6886	180.8750	181.6990
February	181.4520	180.4375	180.7387
March	180.8650	179.5000	180.0628
April	180.7128	179.3207	180.0475
May	180.8321	179.6901	180.1029
June	180.6811	153.2050	173.8355
July	181.1205	179.7500	180.2261
August	181.9159	153.2250	179.4919
September	181.5000	179.4605	180.7686
October	181.6074	180.5000	180.8799
November	181.4750	180.7500	181.1051
December	181.7146	180.7500	181.3037