YEARLY HIGH
182.7233 NGN
YEARLY LOW
151.6996 NGN
YEARLY AVERAGE
178.6823 NGN

2019 BZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 182.7233. Conversely, the yearly low was recorded on June 5, dropping to 151.6996.

This high-to-low spread represents a total annual volatility of 31.0237 NGN. From a start-to-finish perspective, comparing the January average rate of 180.4054 to the December average rate of 179.9260, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 182.7233 was up 0.24% compared to the 2018 peak of 182.2814, 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 913,617 NGN
2018 Average 898,448 NGN
Yearly Trough Low 758,498 NGN
Transaction Impact: A difference of 155,118.73 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

181.1962
171.7065
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 178.0913, compared to 179.2733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1820 points.

H1 Avg (Jan–Jun) 178.0913
H2 Avg (Jul–Dec) 179.2733

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 30.7116 NGN (High: 182.7233 / Low: 152.0117). On the other end, November was the most stable month, with a tight range of 0.7457 NGN (High: 180.0602 / Low: 179.3145).

August Spread (Volatile) ±30.7116
November Spread (Stable) ±0.7457

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 6.2220 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.2220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 178.2035) against the same month in 2018 (average: 179.6841), the exchange rate shifted by -1.4806 (-0.82%).

2019 Avg (August) 178.2035
2018 Avg (August) 179.6841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 181.1986 179.4397 180.4054
February 180.0849 178.7764 179.3362
March 180.2105 178.0794 178.8506
April 180.1890 177.8811 178.7389
May 179.4947 178.3514 178.7193
June 179.4304 151.6996 172.4973
July 179.4702 178.3803 178.7862
August 182.7233 152.0117 178.2035
September 180.0960 177.9615 179.4089
October 180.3846 179.0881 179.5757
November 180.0602 179.3145 179.7393
December 180.2885 179.4238 179.9260