2019 BMD to NGN Historical Review

YEARLY HIGH

365.3773 NGN

YEARLY LOW

306.4100 NGN

YEARLY AVERAGE

360.0436 NGN

2019 BMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 365.3773. Conversely, the yearly low was recorded on June 10, dropping to 306.4100.

This high-to-low spread represents a total annual volatility of 58.9673 NGN. From a start-to-finish perspective, comparing the January average rate of 363.3980 to the December average rate of 362.6073, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 365.3773 was down 0.10% compared to the 2018 peak of 365.7363, 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 1,826,886 NGN

2018 Average 1,806,523 NGN

Yearly Trough Low 1,532,050 NGN

Transaction Impact: A difference of 294,836.39 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

364.9707

346.0984

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 358.8288, compared to 361.2584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4295 points.

H1 Avg (Jan–Jun) 358.8288

H2 Avg (Jul–Dec) 361.2584

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 57.3819 NGN (High: 363.8319 / Low: 306.4500). On the other end, November was the most stable month, with a tight range of 1.4500 NGN (High: 362.9500 / Low: 361.5000).

August Spread (Volatile) ±57.3819

November Spread (Stable) ±1.4500

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 12.5348 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -12.5348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 363.3980) against the same month in 2018 (average: 360.1399), the exchange rate shifted by +3.2581 (+0.90%).

2019 Avg (January) 363.3980

2018 Avg (January) 360.1399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	365.3773	361.7500	363.3980
February	362.9040	360.8750	361.4775
March	361.7301	359.0000	360.1257
April	361.4255	358.6415	360.0950
May	361.6642	359.3802	360.2059
June	361.3621	306.4100	347.6711
July	362.2410	359.5000	360.4521
August	363.8319	306.4500	358.9838
September	363.0000	358.9211	361.5372
October	363.2147	361.0000	361.7598
November	362.9500	361.5000	362.2101
December	363.4293	361.5000	362.6073