YEARLY HIGH
33.4002 NGN
YEARLY LOW
17.0235 NGN
YEARLY AVERAGE
23.7580 NGN

2016 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 33.4002. Conversely, the yearly low was recorded on January 18, dropping to 17.0235.

This high-to-low spread represents a total annual volatility of 16.3767 NGN. From a start-to-finish perspective, comparing the January average rate of 17.2854 to the December average rate of 29.3182, the exchange rate registered a net change of 69.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.4002 was up 57.85% compared to the 2015 peak of 21.1601, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167,001 NGN
2015 Average 97,794 NGN
Yearly Trough Low 85,117 NGN
Transaction Impact: A difference of 81,883.58 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

32.0820
15.9402
JanuMarcMayJulySeptNove

BWP 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 18.2869, compared to 29.2290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9421 points.

H1 Avg (Jan–Jun) 18.2869
H2 Avg (Jul–Dec) 29.2290

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 8.6694 NGN (High: 26.4178 / Low: 17.7484). On the other end, February was the most stable month, with a tight range of 0.5909 NGN (High: 17.9782 / Low: 17.3873).

June Spread (Volatile) ±8.6694
February Spread (Stable) ±0.5909

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.2946 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 30.7369) against the same month in 2015 (average: 19.5383), the exchange rate shifted by +11.1986 (+57.32%).

2016 Avg (August) 30.7369
2015 Avg (August) 19.5383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6750 17.0235 17.2854
February 17.9782 17.3873 17.6435
March 18.3197 17.4560 17.8514
April 18.7875 18.0453 18.4307
May 18.7668 17.7114 18.1043
June 26.4178 17.7484 20.4063
July 30.0635 25.8133 27.1432
August 33.4002 28.9228 30.7369
September 29.9913 28.7811 29.4423
October 29.9746 28.9310 29.4308
November 30.1317 28.5627 29.3029
December 29.8292 28.5266 29.3182