2020 BMD to NGN Historical Review

YEARLY HIGH

394.9273 NGN

YEARLY LOW

361.3019 NGN

YEARLY AVERAGE

380.2401 NGN

2020 BMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 394.9273. Conversely, the yearly low was recorded on January 16, dropping to 361.3019.

This high-to-low spread represents a total annual volatility of 33.6254 NGN. From a start-to-finish perspective, comparing the January average rate of 362.2647 to the December average rate of 383.8714, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 394.9273 was up 8.09% compared to the 2019 peak of 365.3773, 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 1,974,636 NGN

2019 Average 1,800,278 NGN

Yearly Trough Low 1,806,509 NGN

Transaction Impact: A difference of 168,127.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

391.8170

359.5782

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 376.4153, compared to 384.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.6494 points.

H1 Avg (Jan–Jun) 376.4153

H2 Avg (Jul–Dec) 384.0648

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 27.3455 NGN (High: 391.4684 / Low: 364.1229). On the other end, June was the most stable month, with a tight range of 1.8879 NGN (High: 388.0000 / Low: 386.1121).

March Spread (Volatile) ±27.3455

June Spread (Stable) ±1.8879

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 2.4261 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.4261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 383.8714) against the same month in 2019 (average: 362.6073), the exchange rate shifted by +21.2641 (+5.86%).

2020 Avg (December) 383.8714

2019 Avg (December) 362.6073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	366.1162	361.3019	362.2647
February	365.8699	362.0000	364.0313
March	391.4684	364.1229	370.7525
April	390.0000	367.0000	384.8911
May	390.5704	386.4172	389.1304
June	388.0000	386.1121	387.4221
July	389.0401	386.7135	387.6268
August	388.1800	378.5000	385.2007
September	387.4926	380.5000	383.6727
October	385.9130	380.5000	382.0363
November	384.2339	380.0000	381.9807
December	394.9273	379.5000	383.8714