2020 BND to NGN Historical Review

YEARLY HIGH

297.2380 NGN

YEARLY LOW

251.8956 NGN

YEARLY AVERAGE

275.7533 NGN

2020 BND to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 297.2380. Conversely, the yearly low was recorded on March 19, dropping to 251.8956.

This high-to-low spread represents a total annual volatility of 45.3423 NGN. From a start-to-finish perspective, comparing the January average rate of 268.1731 to the December average rate of 288.1105, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 297.2380 was up 10.20% compared to the 2019 peak of 269.7267, 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 1,486,190 NGN

2019 Average 1,312,214 NGN

Yearly Trough Low 1,259,478 NGN

Transaction Impact: A difference of 226,711.61 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

290.7337

259.2550

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 269.1710, compared to 282.3356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.1646 points.

H1 Avg (Jan–Jun) 269.1710

H2 Avg (Jul–Dec) 282.3356

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 22.2001 NGN (High: 274.0957 / Low: 251.8956). On the other end, July was the most stable month, with a tight range of 5.1160 NGN (High: 282.8880 / Low: 277.7720).

March Spread (Volatile) ±22.2001

July Spread (Stable) ±5.1160

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.1151 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.1151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 288.1105) against the same month in 2019 (average: 267.3059), the exchange rate shifted by +20.8045 (+7.78%).

2020 Avg (December) 288.1105

2019 Avg (December) 267.3059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	270.7515	265.1220	268.1731
February	265.9268	259.2791	262.0579
March	274.0957	251.8956	261.8782
April	276.6676	255.5806	270.2429
May	277.4277	270.9129	274.6035
June	279.8899	274.5978	278.0703
July	282.8880	277.7720	279.1719
August	284.8133	276.0320	281.2622
September	284.7305	276.1294	280.9758
October	284.0156	278.8635	281.0277
November	286.6100	278.9032	283.4657
December	297.2380	283.8625	288.1105