2019 BND to NGN Historical Review

YEARLY HIGH

269.7267 NGN

YEARLY LOW

226.8605 NGN

YEARLY AVERAGE

262.4714 NGN

2019 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 269.7267. Conversely, the yearly low was recorded on June 10, dropping to 226.8605.

This high-to-low spread represents a total annual volatility of 42.8662 NGN. From a start-to-finish perspective, comparing the January average rate of 231.8364 to the December average rate of 267.3059, the exchange rate registered a net change of 15.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 269.7267 was down 2.44% compared to the 2018 peak of 276.4806, 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 1,348,633 NGN

2018 Average 1,287,702 NGN

Yearly Trough Low 1,134,302 NGN

Transaction Impact: A difference of 214,331.04 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

270.9209

228.2833

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 258.7114, compared to 266.2315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5201 points.

H1 Avg (Jan–Jun) 258.7114

H2 Avg (Jul–Dec) 266.2315

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 42.5084 NGN (High: 269.3832 / Low: 226.8748). On the other end, November was the most stable month, with a tight range of 2.1189 NGN (High: 267.0221 / Low: 264.9032).

August Spread (Volatile) ±42.5084

November Spread (Stable) ±2.1189

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 May and June, when the average rate fell by 9.2912 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.2912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 267.3059) against the same month in 2018 (average: 232.0477), the exchange rate shifted by +35.2583 (+15.19%).

2019 Avg (December) 267.3059

2018 Avg (December) 232.0477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	267.9931	229.5683	231.8364
February	268.8152	229.0667	263.4946
March	267.8081	265.4470	266.5945
April	267.5655	265.1318	266.5307
May	267.7810	262.0248	266.5517
June	267.5262	226.8605	257.2605
July	268.2158	265.7911	266.8086
August	269.3832	226.8748	265.7006
September	268.7786	262.0494	267.3678
October	267.8917	261.7400	264.1107
November	267.0221	264.9032	266.0952
December	269.7267	264.6620	267.3059