2019 BIF to NGN Historical Review

YEARLY HIGH

0.2036 NGN

YEARLY LOW

0.1647 NGN

YEARLY AVERAGE

0.1955 NGN

2019 BIF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.2036. Conversely, the yearly low was recorded on June 8, dropping to 0.1647.

This high-to-low spread represents a total annual volatility of 0.0390 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2013 to the December average rate of 0.1932, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2036 was down 1.19% compared to the 2018 peak of 0.2061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,018 NGN

2018 Average 1,016 NGN

Yearly Trough Low 823 NGN

Transaction Impact: A difference of 194.85 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2026

0.1873

JanuMarcMayJulySeptNove

BIF 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 0.1966, compared to 0.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1966

H2 Avg (Jul–Dec) 0.1944

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0340 NGN (High: 0.1997 / Low: 0.1657). On the other end, November was the most stable month, with a tight range of 0.0009 NGN (High: 0.1939 / Low: 0.1931).

August Spread (Volatile) ±0.0340

November Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0075 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2013) against the same month in 2018 (average: 0.2043), the exchange rate shifted by -0.0029 (-1.44%).

2019 Avg (January) 0.2013

2018 Avg (January) 0.2043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2036	0.1987	0.2013
February	0.2013	0.1974	0.1993
March	0.1999	0.1960	0.1979
April	0.1972	0.1961	0.1965
May	0.1973	0.1945	0.1961
June	0.1967	0.1647	0.1886
July	0.1967	0.1944	0.1955
August	0.1997	0.1657	0.1946
September	0.1965	0.1929	0.1951
October	0.1964	0.1932	0.1947
November	0.1939	0.1931	0.1935
December	0.1936	0.1923	0.1932