2018 BHD to NGN Historical Review

YEARLY HIGH

974.6641 NGN

YEARLY LOW

941.7555 NGN

YEARLY AVERAGE

957.6729 NGN

2018 BHD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BHD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 974.6641. Conversely, the yearly low was recorded on June 26, dropping to 941.7555.

This high-to-low spread represents a total annual volatility of 32.9086 NGN. From a start-to-finish perspective, comparing the January average rate of 955.4798 to the December average rate of 965.6985, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 974.6641 was down 0.39% compared to the 2017 peak of 978.5159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,873,320 NGN

2017 Average 4,424,852 NGN

Yearly Trough Low 4,708,778 NGN

Transaction Impact: A difference of 164,542.89 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

967.0648

950.6687

JanuMarcMayJulySeptNove

BHD 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 954.7796, compared to 960.5662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.7866 points.

H1 Avg (Jan–Jun) 954.7796

H2 Avg (Jul–Dec) 960.5662

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 17.7154 NGN (High: 974.6641 / Low: 956.9487). On the other end, February was the most stable month, with a tight range of 2.8834 NGN (High: 957.6969 / Low: 954.8135).

November Spread (Volatile) ±17.7154

February Spread (Stable) ±2.8834

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.9577 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.9577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 964.6414) against the same month in 2017 (average: 952.5879), the exchange rate shifted by +12.0535 (+1.27%).

2018 Avg (November) 964.6414

2017 Avg (November) 952.5879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	961.0630	951.6005	955.4798
February	957.6969	954.8135	956.2095
March	957.4345	953.9245	955.2560
April	955.7345	952.2292	954.4616
May	956.4027	952.8143	954.6143
June	956.6132	941.7555	952.6565
July	957.2060	947.8559	952.0350
August	961.5104	952.2046	956.6814
September	965.2915	953.0443	960.3758
October	966.7733	962.8494	963.9651
November	974.6641	956.9487	964.6414
December	970.0481	962.8545	965.6985