2020 BWP to NGN Historical Review

YEARLY HIGH

36.5144 NGN

YEARLY LOW

29.9253 NGN

YEARLY AVERAGE

33.2517 NGN

2020 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 36.5144. Conversely, the yearly low was recorded on April 5, dropping to 29.9253.

This high-to-low spread represents a total annual volatility of 6.5891 NGN. From a start-to-finish perspective, comparing the January average rate of 33.7811 to the December average rate of 35.2419, the exchange rate registered a net change of 4.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 36.5144 was up 4.24% compared to the 2019 peak of 35.0285, 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 182,572 NGN

2019 Average 167,420 NGN

Yearly Trough Low 149,626 NGN

Transaction Impact: A difference of 32,945.49 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

35.6024

31.2761

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 32.7122, compared to 33.7912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0791 points.

H1 Avg (Jan–Jun) 32.7122

H2 Avg (Jul–Dec) 33.7912

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 2.5540 NGN (High: 32.4793 / Low: 29.9253). On the other end, October was the most stable month, with a tight range of 0.6154 NGN (High: 33.5957 / Low: 32.9803).

April Spread (Volatile) ±2.5540

October Spread (Stable) ±0.6154

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 February and March, when the average rate fell by 0.7425 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 35.2419) against the same month in 2019 (average: 33.7534), the exchange rate shifted by +1.4885 (+4.41%).

2020 Avg (December) 35.2419

2019 Avg (December) 33.7534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.4207	33.1623	33.7811
February	33.4710	32.7904	33.1119
March	33.0534	30.7094	32.3694
April	32.4793	29.9253	31.6366
May	33.0072	31.7185	32.2736
June	33.7213	32.7178	33.1004
July	34.0923	32.8674	33.4654
August	33.7838	32.2325	33.1012
September	33.8795	32.5654	33.3471
October	33.5957	32.9803	33.3504
November	34.6992	33.3735	34.2415
December	36.5144	34.3554	35.2419