2020 BZD to NGN Historical Review

YEARLY HIGH

195.8346 NGN

YEARLY LOW

179.2896 NGN

YEARLY AVERAGE

188.7249 NGN

2020 BZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 195.8346. Conversely, the yearly low was recorded on January 16, dropping to 179.2896.

This high-to-low spread represents a total annual volatility of 16.5450 NGN. From a start-to-finish perspective, comparing the January average rate of 179.7252 to the December average rate of 190.4247, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 195.8346 was up 7.18% compared to the 2019 peak of 182.7233, 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 979,173 NGN

2019 Average 893,444 NGN

Yearly Trough Low 896,448 NGN

Transaction Impact: A difference of 82,724.98 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

194.4447

178.3871

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 186.8682, compared to 190.5816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7134 points.

H1 Avg (Jan–Jun) 186.8682

H2 Avg (Jul–Dec) 190.5816

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 12.9120 NGN (High: 193.8584 / Low: 180.9465). On the other end, June was the most stable month, with a tight range of 0.9169 NGN (High: 192.4638 / Low: 191.5470).

March Spread (Volatile) ±12.9120

June Spread (Stable) ±0.9169

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 1.0556 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 190.4247) against the same month in 2019 (average: 179.9260), the exchange rate shifted by +10.4988 (+5.84%).

2020 Avg (December) 190.4247

2019 Avg (December) 179.9260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	180.7043	179.2896	179.7252
February	181.5112	179.6080	180.5933
March	193.8584	180.9465	184.2855
April	193.8343	182.0478	191.2901
May	194.0006	191.6660	193.1066
June	192.4638	191.5470	192.2082
July	193.5189	191.8423	192.3451
August	193.5189	187.7411	191.2896
September	192.2407	188.7350	190.3431
October	191.3749	188.4651	189.5500
November	191.2446	188.6270	189.5369
December	195.8346	188.2675	190.4247