2018 BOB to NGN Historical Review

YEARLY HIGH

53.1715 NGN

YEARLY LOW

51.6594 NGN

YEARLY AVERAGE

52.2883 NGN

2018 BOB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 53.1715. Conversely, the yearly low was recorded on September 3, dropping to 51.6594.

This high-to-low spread represents a total annual volatility of 1.5121 NGN. From a start-to-finish perspective, comparing the January average rate of 52.1052 to the December average rate of 52.6688, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 53.1715 was up 1.21% compared to the 2017 peak of 52.5349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 265,858 NGN

2017 Average 240,516 NGN

Yearly Trough Low 258,297 NGN

Transaction Impact: A difference of 7,560.46 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

52.7273

52.0245

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 52.1164, compared to 52.4602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3438 points.

H1 Avg (Jan–Jun) 52.1164

H2 Avg (Jul–Dec) 52.4602

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.9858 NGN (High: 53.1715 / Low: 52.1857). On the other end, February was the most stable month, with a tight range of 0.1535 NGN (High: 52.2430 / Low: 52.0896).

November Spread (Volatile) ±0.9858

February Spread (Stable) ±0.1535

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0494 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0494

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 52.6373) against the same month in 2017 (average: 51.7814), the exchange rate shifted by +0.8559 (+1.65%).

2018 Avg (November) 52.6373

2017 Avg (November) 51.7814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.5331	51.7021	52.1052
February	52.2430	52.0896	52.1618
March	52.2009	52.0004	52.1124
April	52.1757	51.9898	52.0831
May	52.2575	51.9515	52.1153
June	52.2437	52.0394	52.1208
July	52.3942	52.0674	52.2379
August	52.4749	52.0177	52.2711
September	52.6394	51.6594	52.3605
October	52.7721	52.5182	52.5857
November	53.1715	52.1857	52.6373
December	52.9106	52.4005	52.6688