YEARLY HIGH
1446.6200 NGN
YEARLY LOW
1340.0000 NGN
YEARLY AVERAGE
1375.5228 NGN

2026 BMD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the BMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1446.6200. Conversely, the yearly low was recorded on February 18, dropping to 1340.0000.

This high-to-low spread represents a total annual volatility of 106.6200 NGN. From a start-to-finish perspective, comparing the January average rate of 1419.9505 to the December average rate of 1373.1334, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 1446.6200 was down 13.86% compared to the 2025 peak of 1679.3100, 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 7,233,100 NGN
2025 Average 7,612,561 NGN
Yearly Trough Low 6,700,000 NGN
Transaction Impact: A difference of 533,100.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

1426.1780
1351.4482
JanuMarcMayJuly

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 1375.9211, compared to 1373.1334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7876 points.

H1 Avg (Jan–Jun) 1375.9211
H2 Avg (Jul–Dec) 1373.1334

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 60.1400 NGN (High: 1446.6200 / Low: 1386.4800). On the other end, May was the most stable month, with a tight range of 4.6841 NGN (High: 1375.9800 / Low: 1371.2959).

January Spread (Volatile) ±60.1400
May Spread (Stable) ±4.6841

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 62.2748 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -62.2748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 1419.9505) against the same month in 2025 (average: 1551.8976), the exchange rate shifted by -131.9470 (-8.50%).

2026 Avg (January) 1419.9505
2025 Avg (January) 1551.8976

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1446.6200 1386.4800 1419.9505
February 1392.8501 1340.0000 1357.6757
March 1398.7400 1352.6275 1377.5519
April 1382.7552 1340.8800 1361.5593
May 1375.9800 1371.2959 1373.1375
June 1381.0988 1358.4717 1365.6514
July 1383.1262 1358.4200 1373.1334