2018 BGN to NGN Historical Review

YEARLY HIGH

230.2783 NGN

YEARLY LOW

208.5662 NGN

YEARLY AVERAGE

218.2139 NGN

2018 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 230.2783. Conversely, the yearly low was recorded on November 12, dropping to 208.5662.

This high-to-low spread represents a total annual volatility of 21.7122 NGN. From a start-to-finish perspective, comparing the January average rate of 224.6536 to the December average rate of 211.7228, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 230.2783 was up 3.43% compared to the 2017 peak of 222.6397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,151,392 NGN

2017 Average 966,701 NGN

Yearly Trough Low 1,042,831 NGN

Transaction Impact: A difference of 108,560.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

229.2867

209.5330

JanuMarcMayJulySeptNove

BGN 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 223.0099, compared to 213.4179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.5920 points.

H1 Avg (Jan–Jun) 223.0099

H2 Avg (Jul–Dec) 213.4179

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 9.0519 NGN (High: 228.9050 / Low: 219.8531). On the other end, July was the most stable month, with a tight range of 2.5694 NGN (High: 216.7125 / Low: 214.1431).

January Spread (Volatile) ±9.0519

July Spread (Stable) ±2.5694

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 8.0204 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -8.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 227.6406) against the same month in 2017 (average: 171.5396), the exchange rate shifted by +56.1009 (+32.70%).

2018 Avg (February) 227.6406

2017 Avg (February) 171.5396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	228.9050	219.8531	224.6536
February	230.2783	225.0588	227.6406
March	229.0778	225.2971	227.0645
April	227.9178	222.1765	225.8178
May	221.0102	212.5755	217.7974
June	217.4359	212.8319	215.0853
July	216.7125	214.1431	215.5529
August	216.6942	209.1990	212.9808
September	218.6318	212.5802	215.6888
October	215.7606	210.3726	213.3826
November	212.8375	208.5662	211.1792
December	213.3563	209.7800	211.7228