YEARLY HIGH
222.6524 NGN
YEARLY LOW
203.8385 NGN
YEARLY AVERAGE
210.1733 NGN

2022 BZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 222.6524. Conversely, the yearly low was recorded on April 17, dropping to 203.8385.

This high-to-low spread represents a total annual volatility of 18.8140 NGN. From a start-to-finish perspective, comparing the January average rate of 205.3078 to the December average rate of 220.9014, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 222.6524 was up 8.25% compared to the 2021 peak of 205.6894, 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 1,113,262 NGN
2021 Average 1,000,631 NGN
Yearly Trough Low 1,019,192 NGN
Transaction Impact: A difference of 94,069.81 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

222.4608
203.7484
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 206.0802, compared to 214.2664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.1862 points.

H1 Avg (Jan–Jun) 206.0802
H2 Avg (Jul–Dec) 214.2664

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 6.8002 NGN (High: 215.5642 / Low: 208.7640). On the other end, May was the most stable month, with a tight range of 0.4435 NGN (High: 206.2074 / Low: 205.7639).

September Spread (Volatile) ±6.8002
May Spread (Stable) ±0.4435

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5368 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 220.9014) against the same month in 2021 (average: 203.9800), the exchange rate shifted by +16.9214 (+8.30%).

2022 Avg (December) 220.9014
2021 Avg (December) 203.9800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 206.3316 204.0676 205.3078
February 207.0510 206.1219 206.4739
March 207.4401 206.0064 206.5013
April 206.6298 203.8385 205.9645
May 206.2074 205.7639 206.0102
June 208.2343 204.4835 206.2237
July 211.2222 205.5801 207.7933
August 211.3594 205.6364 208.6828
September 215.5642 208.7640 212.6674
October 219.3020 213.9400 216.2991
November 220.2977 217.8292 219.2543
December 222.6524 220.0179 220.9014