2020 BGN to NGN Historical Review

YEARLY HIGH

245.7668 NGN

YEARLY LOW

199.9798 NGN

YEARLY AVERAGE

221.9707 NGN

2020 BGN to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 245.7668. Conversely, the yearly low was recorded on March 19, dropping to 199.9798.

This high-to-low spread represents a total annual volatility of 45.7870 NGN. From a start-to-finish perspective, comparing the January average rate of 205.6538 to the December average rate of 238.8732, 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 245.7668 was up 13.94% compared to the 2019 peak of 215.7024, 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 1,228,834 NGN

2019 Average 1,030,400 NGN

Yearly Trough Low 999,899 NGN

Transaction Impact: A difference of 228,934.90 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

242.4354

199.6899

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 212.0531, compared to 231.8883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.8352 points.

H1 Avg (Jan–Jun) 212.0531

H2 Avg (Jul–Dec) 231.8883

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 20.7095 NGN (High: 220.6893 / Low: 199.9798). On the other end, June was the most stable month, with a tight range of 4.9158 NGN (High: 225.2623 / Low: 220.3465).

March Spread (Volatile) ±20.7095

June Spread (Stable) ±4.9158

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 2.4018 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.4018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 238.8732) against the same month in 2019 (average: 206.0025), the exchange rate shifted by +32.8707 (+15.96%).

2020 Avg (December) 238.8732

2019 Avg (December) 206.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	209.9395	204.2714	205.6538
February	206.2216	201.0534	203.2520
March	220.6893	199.9798	209.5639
April	218.3752	202.8966	213.8678
May	219.9299	213.9832	217.0673
June	225.2623	220.3465	222.9136
July	234.9829	222.8639	227.1052
August	235.7716	228.0890	233.0117
September	235.2378	226.0172	231.1213
October	232.0590	226.7847	229.8947
November	233.8842	226.8153	231.3237
December	245.7668	235.1967	238.8732