YEARLY HIGH
35.0285 NGN
YEARLY LOW
27.7256 NGN
YEARLY AVERAGE
33.4875 NGN

2019 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 35.0285. Conversely, the yearly low was recorded on August 27, dropping to 27.7256.

This high-to-low spread represents a total annual volatility of 7.3030 NGN. From a start-to-finish perspective, comparing the January average rate of 34.4831 to the December average rate of 33.7534, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 35.0285 was down 8.18% compared to the 2018 peak of 38.1511, 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 175,143 NGN
2018 Average 177,481 NGN
Yearly Trough Low 138,628 NGN
Transaction Impact: A difference of 36,514.76 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

34.7133
31.9516
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 33.6821, compared to 33.2929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3892 points.

H1 Avg (Jan–Jun) 33.6821
H2 Avg (Jul–Dec) 33.2929

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 5.8899 NGN (High: 33.6154 / Low: 27.7256). On the other end, November was the most stable month, with a tight range of 0.4251 NGN (High: 33.4027 / Low: 32.9776).

August Spread (Volatile) ±5.8899
November Spread (Stable) ±0.4251

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 1.3201 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.3201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 34.4602) against the same month in 2018 (average: 37.7197), the exchange rate shifted by -3.2595 (-8.64%).

2019 Avg (February) 34.4602
2018 Avg (February) 37.7197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.8660 33.6568 34.4831
February 35.0285 34.1687 34.4602
March 34.3337 33.2806 33.6516
April 34.1018 33.3986 33.8144
May 33.8042 33.0034 33.5018
June 33.8093 27.9759 32.1817
July 34.2215 33.6445 33.9463
August 33.6154 27.7256 32.6520
September 33.3344 32.6932 33.0697
October 33.6426 32.6447 33.0770
November 33.4027 32.9776 33.2591
December 34.3418 33.3258 33.7534