2018 BND to NGN Historical Review

YEARLY HIGH

276.4806 NGN

YEARLY LOW

230.3178 NGN

YEARLY AVERAGE

257.6415 NGN

2018 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 276.4806. Conversely, the yearly low was recorded on December 16, dropping to 230.3178.

This high-to-low spread represents a total annual volatility of 46.1628 NGN. From a start-to-finish perspective, comparing the January average rate of 272.4935 to the December average rate of 232.0477, the exchange rate registered a net change of -14.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 276.4806 was up 1.94% compared to the 2017 peak of 271.2118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,382,403 NGN

2017 Average 1,210,428 NGN

Yearly Trough Low 1,151,589 NGN

Transaction Impact: A difference of 230,813.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

277.9686

227.8731

JanuMarcMayJulySeptNove

BND 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 268.5000, compared to 246.7831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.7168 points.

H1 Avg (Jan–Jun) 268.5000

H2 Avg (Jul–Dec) 246.7831

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 35.9802 NGN (High: 266.9323 / Low: 230.9520). On the other end, March was the most stable month, with a tight range of 3.6314 NGN (High: 275.2218 / Low: 271.5904).

November Spread (Volatile) ±35.9802

March Spread (Stable) ±3.6314

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 18.8259 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -18.8259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 272.4935) against the same month in 2017 (average: 219.0617), the exchange rate shifted by +53.4318 (+24.39%).

2018 Avg (January) 272.4935

2017 Avg (January) 219.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	276.4806	268.1550	272.4935
February	275.4064	270.6120	273.1123
March	275.2218	271.5904	273.7940
April	274.9135	268.8056	273.3051
May	272.6310	246.7097	266.6219
June	273.2158	238.1836	251.6730
July	268.3689	237.6113	254.7675
August	264.3388	238.2592	239.7927
September	266.0548	237.9146	245.2270
October	263.8153	256.8012	257.9903
November	266.9323	230.9520	250.8735
December	264.5797	230.3178	232.0477