2018 BMD to NGN Historical Review

YEARLY HIGH

365.7363 NGN

YEARLY LOW

358.3004 NGN

YEARLY AVERAGE

361.2992 NGN

2018 BMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 365.7363. Conversely, the yearly low was recorded on January 14, dropping to 358.3004.

This high-to-low spread represents a total annual volatility of 7.4358 NGN. From a start-to-finish perspective, comparing the January average rate of 360.1399 to the December average rate of 364.0146, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 365.7363 was down 0.89% compared to the 2017 peak of 369.0238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,828,681 NGN

2017 Average 1,668,613 NGN

Yearly Trough Low 1,791,502 NGN

Transaction Impact: A difference of 37,179.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

364.4314

359.4294

JanuMarcMayJulySeptNove

BMD 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 360.1764, compared to 362.4219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2455 points.

H1 Avg (Jan–Jun) 360.1764

H2 Avg (Jul–Dec) 362.4219

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 4.4803 NGN (High: 363.9400 / Low: 359.4597). On the other end, April was the most stable month, with a tight range of 0.9938 NGN (High: 360.0813 / Low: 359.0875).

September Spread (Volatile) ±4.4803

April Spread (Stable) ±0.9938

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3372 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.3372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 364.0146) against the same month in 2017 (average: 359.7734), the exchange rate shifted by +4.2412 (+1.18%).

2018 Avg (December) 364.0146

2017 Avg (December) 359.7734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	362.2919	358.3004	360.1399
February	361.0148	360.0000	360.4865
March	360.9289	359.6200	360.1494
April	360.0813	359.0875	359.8462
May	361.0000	359.5000	360.1731
June	361.0998	359.7063	360.2632
July	362.0000	359.0278	360.6239
August	362.6789	359.9829	361.0254
September	363.9400	359.4597	362.0829
October	364.0000	362.1600	363.3259
November	364.5100	360.7056	363.4588
December	365.7363	363.0000	364.0146