2018 BWP to NGN Historical Review

YEARLY HIGH

38.1511 NGN

YEARLY LOW

32.7153 NGN

YEARLY AVERAGE

35.5094 NGN

2018 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 38.1511. Conversely, the yearly low was recorded on September 6, dropping to 32.7153.

This high-to-low spread represents a total annual volatility of 5.4358 NGN. From a start-to-finish perspective, comparing the January average rate of 36.9631 to the December average rate of 34.0373, the exchange rate registered a net change of -7.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 38.1511 was up 4.23% compared to the 2017 peak of 36.6033, 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 190,756 NGN

2017 Average 161,409 NGN

Yearly Trough Low 163,576 NGN

Transaction Impact: A difference of 27,179.09 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

38.1347

33.1553

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 36.8546, compared to 34.1642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6904 points.

H1 Avg (Jan–Jun) 36.8546

H2 Avg (Jul–Dec) 34.1642

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 2.0023 NGN (High: 35.1911 / Low: 33.1888). On the other end, March was the most stable month, with a tight range of 0.6006 NGN (High: 38.0019 / Low: 37.4014).

August Spread (Volatile) ±2.0023

March Spread (Stable) ±0.6006

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 1.0578 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 37.7197) against the same month in 2017 (average: 30.1606), the exchange rate shifted by +7.5591 (+25.06%).

2018 Avg (February) 37.7197

2017 Avg (February) 30.1606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.7441	36.3624	36.9631
February	38.1511	37.1851	37.7197
March	38.0019	37.4014	37.6494
April	37.6637	36.5953	37.2459
May	36.7772	35.9022	36.3037
June	36.1779	34.4609	35.2459
July	35.4051	34.4703	34.9972
August	35.1911	33.1888	34.1561
September	34.3474	32.7153	33.5703
October	34.2078	33.4220	34.0510
November	34.6501	33.6856	34.1735
December	34.7753	33.7187	34.0373