2019 BOB to NGN Historical Review

YEARLY HIGH

53.2626 NGN

YEARLY LOW

44.2480 NGN

YEARLY AVERAGE

52.0974 NGN

2019 BOB to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 53.2626. Conversely, the yearly low was recorded on June 5, dropping to 44.2480.

This high-to-low spread represents a total annual volatility of 9.0147 NGN. From a start-to-finish perspective, comparing the January average rate of 52.6017 to the December average rate of 52.4595, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 53.2626 was up 0.17% compared to the 2018 peak of 53.1715, 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 266,313 NGN

2018 Average 261,446 NGN

Yearly Trough Low 221,240 NGN

Transaction Impact: A difference of 45,073.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

52.8312

50.0778

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 51.9237, compared to 52.2710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3473 points.

H1 Avg (Jan–Jun) 51.9237

H2 Avg (Jul–Dec) 52.2710

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 8.8764 NGN (High: 53.2626 / Low: 44.3862). On the other end, November was the most stable month, with a tight range of 0.2144 NGN (High: 52.4851 / Low: 52.2707).

August Spread (Volatile) ±8.8764

November Spread (Stable) ±0.2144

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.8286 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.8286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 51.9815) against the same month in 2018 (average: 52.2711), the exchange rate shifted by -0.2897 (-0.55%).

2019 Avg (August) 51.9815

2018 Avg (August) 52.2711

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.8583	52.3234	52.6017
February	52.5325	52.2077	52.2978
March	52.3549	51.9471	52.1353
April	52.2951	51.8328	52.0646
May	52.3600	52.0270	52.1359
June	52.3426	44.2480	50.3073
July	52.3521	52.0350	52.1482
August	53.2626	44.3862	51.9815
September	52.5346	51.8758	52.3175
October	52.4827	52.2047	52.3268
November	52.4851	52.2707	52.3928
December	52.6303	52.3009	52.4595