YEARLY HIGH
182.2814 NGN
YEARLY LOW
178.3839 NGN
YEARLY AVERAGE
179.6867 NGN

2018 BZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 182.2814. Conversely, the yearly low was recorded on January 20, dropping to 178.3839.

This high-to-low spread represents a total annual volatility of 3.8975 NGN. From a start-to-finish perspective, comparing the January average rate of 179.2063 to the December average rate of 180.5696, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 182.2814 was down 0.44% compared to the 2017 peak of 183.0785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 911,407 NGN
2017 Average 829,643 NGN
Yearly Trough Low 891,920 NGN
Transaction Impact: A difference of 19,487.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

180.9642
178.8688
JanuMarcMayJulySeptNove

BZD 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 179.1963, compared to 180.1772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9809 points.

H1 Avg (Jan–Jun) 179.1963
H2 Avg (Jul–Dec) 180.1772

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 3.3870 NGN (High: 182.2814 / Low: 178.8944). On the other end, April was the most stable month, with a tight range of 0.6261 NGN (High: 179.3563 / Low: 178.7302).

November Spread (Volatile) ±3.3870
April Spread (Stable) ±0.6261

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3007 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.3007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 180.4889) against the same month in 2017 (average: 178.8765), the exchange rate shifted by +1.6123 (+0.90%).

2018 Avg (November) 180.4889
2017 Avg (November) 178.8765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 180.2660 178.3839 179.2063
February 179.6420 178.9884 179.3099
March 180.1390 179.0256 179.2353
April 179.3563 178.7302 179.0434
May 179.6503 178.8235 179.1753
June 179.6082 178.9081 179.2075
July 180.1000 178.5084 179.4228
August 180.2593 178.9540 179.6841
September 180.9644 178.8336 180.1082
October 181.4193 180.4210 180.7896
November 182.2814 178.8944 180.4889
December 181.3800 180.0156 180.5696