2012 BOB to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 BOB to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 23.6382. Conversely, the yearly low was recorded on December 31, dropping to 22.3474.
This high-to-low spread represents a total annual volatility of 1.2907 NGN. From a start-to-finish perspective, comparing the January average rate of 23.4031 to the December average rate of 22.4938, the exchange rate registered a net change of -3.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2012 high of 23.6382 was down 0.86% compared to the 2011 peak of 23.8433, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
BOB to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.0672, compared to 22.6649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4023 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was July, with a trading range of 0.7439 NGN (High: 23.4920 / Low: 22.7481). On the other end, October was the most stable month, with a tight range of 0.0990 NGN (High: 22.5393 / Low: 22.4404).
Growth Streaks & Declines
TrendsBetween April and June, 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 January and February, when the average rate fell by 0.4123 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2012: 23.4035) against the same month in 2011 (average: 22.3666), the exchange rate shifted by +1.0370 (+4.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6021 | 23.1465 | 23.4031 |
| February | 23.3212 | 22.6536 | 22.9908 |
| March | 22.9583 | 22.7677 | 22.8419 |
| April | 22.9013 | 22.7357 | 22.8376 |
| May | 23.1935 | 22.7346 | 22.9265 |
| June | 23.6382 | 23.1044 | 23.4035 |
| July | 23.4920 | 22.7481 | 23.1301 |
| August | 23.1498 | 22.4745 | 22.7404 |
| September | 22.6708 | 22.5303 | 22.5905 |
| October | 22.5393 | 22.4404 | 22.5043 |
| November | 22.6671 | 22.3858 | 22.5305 |
| December | 22.5921 | 22.3474 | 22.4938 |