2022 BWP to NGN Historical Review

YEARLY HIGH

36.4119 NGN

YEARLY LOW

32.1157 NGN

YEARLY AVERAGE

34.3144 NGN

2022 BWP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BWP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 36.4119. Conversely, the yearly low was recorded on September 28, dropping to 32.1157.

This high-to-low spread represents a total annual volatility of 4.2962 NGN. From a start-to-finish perspective, comparing the January average rate of 35.6449 to the December average rate of 34.5623, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 36.4119 was down 6.90% compared to the 2021 peak of 39.1123, 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 182,059 NGN

2021 Average 182,002 NGN

Yearly Trough Low 160,578 NGN

Transaction Impact: A difference of 21,481.00 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

36.4177

32.2131

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 35.2753, compared to 33.3534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9220 points.

H1 Avg (Jan–Jun) 35.2753

H2 Avg (Jul–Dec) 33.3534

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.1621 NGN (High: 34.5886 / Low: 32.4265). On the other end, October was the most stable month, with a tight range of 0.6246 NGN (High: 32.9219 / Low: 32.2974).

November Spread (Volatile) ±2.1621

October Spread (Stable) ±0.6246

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 1.3184 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 35.9221) against the same month in 2021 (average: 35.1121), the exchange rate shifted by +0.8100 (+2.31%).

2022 Avg (March) 35.9221

2021 Avg (March) 35.1121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.1105	34.9107	35.6449
February	36.2998	35.6734	36.0673
March	36.4119	35.3801	35.9221
April	36.3091	34.2220	35.5452
May	34.7492	33.7925	34.2268
June	34.8294	33.5023	34.2459
July	33.8146	32.4311	33.1577
August	33.8671	32.7455	33.2783
September	33.3661	32.1157	32.7731
October	32.9219	32.2974	32.5634
November	34.5886	32.4265	33.7854
December	35.0219	34.1188	34.5623